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NGLs: Market Tightening

Posted: Mon Feb 12, 2018 4:28 pm
by dan_s
U.S. propane/propylene stocks decreased by 4.1 million barrels last week to 48.9 million barrels as of February 2, 2018, 8.4 million barrels (14.7%) lower than the five-year average inventory level for this same time of year. Gulf Coast, Midwest, and Rocky Mountain/West Coast inventories decreased by 2.2 million barrels, 1.9 million barrels, and 0.2 million barrels, respectively, while East Coast inventories increased by 0.2 million barrels. Propane/propylene non-fuel-use inventories represented 6.1% of total propane inventories.