VOL. XXXIII
NO. 51
24 SEPTEMBER 1990
Oil Prices
Samarec Raises September LPG Prices
The Saudi Arabian Marketing and Refining Company (Samarec) has notified itsLPG customers of a 64% increase in the September prices of propane and butane to$165.88/ton and $163.61/ton respectively from the August prices of $101.11/tonfor propane and $99.72/ton for butane. The new LPG prices, which reflect thesurge in oil prices since the outbreak of the Gulf crisis, are linked to the BTUvalue of Arabian Light crude...
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