VOL. XLVI
No 23
9-June-2003
SAUDI ARABIA/KUWAIT
Saudi LPG Prices Increased As Crude Tightness Spurs Demand
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their June LPG contract prices to customers on 30 May, increasing the price for propane by $18/ton to $248/ton and the price of butane by $25/ton to $235/ton. Following last months sharp drop in prices in response to tumbling crude prices (MEES, 5 May), this months relatively small increase reflects a partial recovery in demand for...
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