VOL. XLV

No 45

11-November-2002

SAUDI ARABIA

Saudi LPG Prices Raised By $32/Ton

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced to customers on 30 October their LPG contract prices for November, raising the prices of both propane and butane by $32/ton to $327/ton. The price increases are a result of the continued buying interest in the Far East market at a time when crude prices are also relatively strong and represent the third significant monthly price hikes in succession after a...