SAUDI ARABIA KUWAIT
Saudi LPG Prices Reduced By Record Amount For May Delivery
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their May contract prices for LPG to customers on 30 April, reducing the cost of propane by $95/ton to $230/ton and the cost of butane by $100/ton to $210/ton. The May prices represent the largest month-on-month reduction ever for Saudi and Kuwaiti LPG, and are a result of a $10/B fall in crude oil prices during April and a...
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