VOL. XLVI

No 10

10-March-2003

SAUDI ARABIA

Saudi LPG Prices For March Show Propane Increase And Butane Decrease

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their March LPG prices to customers on 2 March, increasing the price of propane by $10/ton to $385/ton, and decreasing the price of butane by $5/ton to $360/ton. The contrasting price movements for the two fuels reflect the fact that cold weather has bolstered demand for propane as a heating fuel, while the weakening price of...