Middle East Economic Survey
VOL. XLVIII
No 41
10-October-2005
Saudi LPG Prices Set At New Record Level For October
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their October LPG contract prices to customers on 30 September, raising the price for propane by $80/ton to $505/ton and butane by $78/ton to $525/ton both new records. The price hike was attributable to recent near record high crude oil prices at a time when LPG availability in the US was impacted by domestic refinery...
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