OIL PRICES/SAUDI ARABIA

 

Saudi LPG Prices Cut By $130/Ton For June

Saudi Aramco on 30 May announced its contract prices for LPG deliveries to customers during June. The prices for propane and butane were both reduced by $130/ton, to $680/ton and $765/ton respectively. “Despite its $130/ton plunge, the propane price was in reasonable agreement with expectations from the swaps market,” Walter M Hart, Senior Consultant at Houston-based Purvin &...