SAUDI ARABIA/OIL PRICES/OPEC

Saudi LPG Prices Raised For September Deliveries

Saudi Aramco announced its September LPG prices to customers on 29 August. The propane price was raised by $195/ton to $970/ton, while butane was increased by $155/ton to $930/ton. LPG prices are to some extent driven by the oil market, where prices for benchmark crudes have rallied over the last month. On the LPG spot market in August, prices were supported by rising demand from...