Middle East Economic Survey

VOL. LIV

No 1-2

3/10-Jan-2011

OIL PRICES/SAUDI ARABIA

Saudi Propane Price Set At Record $935/Ton For January, Butane Reduced To $920/Ton

Saudi Aramco has announced its January 2011 LPG contract prices for customers, with propane being set at a record $935/ton and butane being reduced to $920/ton. These prices were within market expectations, Walt Hart, Senior Consultant at Houston-based Purvin & Gertz, told MEES. The propane contract price was increased by...