Middle East Economic Survey
Saudi LPG Prices Reach New Peak On Crude Market Strength
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their November LPG contract prices (CPs) to customers on 1 November, raising propane by $65/ton to $463/ton and butane by $70/ton to $473/ton, the highest levels since CPs were introduced 10 years ago. As in the last few months the main factor behind the price hike was again the record-setting run of crude oil...
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