Middle East Economic Survey

VOL. XLVIII

No 49

5-December-2005

OIL PRICES/SAUDI ARABIA/KUWAIT

Saudi LPG Prices For December Reduced By $11/Ton

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their December LPG contract prices to customers on 30 November, reducing prices for both products by $11/ton from the previous months record levels (MEES, 7 November). For December loadings, propane was reduced to $524/ton and butane was reduced to $544/ton, as a result of the fall in crude oil...