Middle East Economic Survey
SAUDI ARABIA/OIL PRICES/OPEC
Saudi Aramco Raises LPG Prices For December
Saudi Aramco and Kuwait Petroleum Corporation (KPC) have raised contract prices for propane and butane for December to $720/ton and $730/ton respectively. Propane was increased by $60/ton and butane by $70/ton from November. Prices were announced earlier in the month than usual due to an upcoming holiday in the Kingdom. Prices in the swaps market for the propane contract...