Middle East Economic Survey
Saudi LPG Prices Pushed To New Highs By Soaring Crude
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their October LPG contract prices (CPs) to customers on 29 September, raising both propane and butane to their highest levels since CPs were introduced in October 1994. October propane was raised by $15/ton from September to $398/ton, while butane was raised by $20/ton to $403/ton. This latest increase was once...