VOL. XLVI
No 40
06-October-2003
SAUDI ARABIA
OIL PRICES
Saudi LPG Prices Reduced For October Deliveries
Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their October LPG pricing to customers on 30 September, reducing the price for propane by $18/ton to $260/ton and the price for butane by $10/ton to $255/ton. The price reduction reflects a weakening of spot market prices for LPG during September, caused by an overhang of product in the Asian market and a fall in crude oil prices as...
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