VOL. XLV
No 22
3 June 2002
SAUDI ARABIA/KUWAIT
Saudi Aramco And KPC Cut Propane, Raise Butane Prices For June
SaudiAramco and Kuwait Petroleum Corporation (KPC)announced to customers on 30 May their contract price formulas for June deliveriesof LPG, reducing the price of propane by $5/ton to $225/ton and increasing theprice of butane by $5/ton to $215/ton. The small size of the adjustmentsreflects the fact that the market has changed little from last month, whenrecovering demand in Asia prompted...
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