VOL. XLVII
No 18
03-May-2004
OIL PRICES
Saudi LPG Prices Raised For May On Strong Asian Spot Market Demand
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their May LPG contract prices to customers on 28 April, raising the price for propane by $28/ton to $318/ton and increasing the price for butane by $26/ton to $320/ton. The continuing recovery of LPG prices was attributable to the current high crude prices and the strength of the Asian LPG spot market, with customers from Japan,...
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