NO. 7

19 NOVEMBER 1990

Saudi Arabia

Samarec Raises November LPG Prices

Samarec has notified its LPG customers of a 4.53% increase in the Novemberprices of propane and butane to $239.59 and $236.31/ton respectively from theOctober prices of $229.20 for propane and $226.06/ton for butane. The new LPGprices, which reflect the surge in oil prices since the outbreak of the Gulfcrisis, are linked to the BTU value of Arabian Light crude prices for Far Eastdestinations in the preceding month of...