VOL. XLIV

No. 02

8 January 2001

SAUDI ARABIA

Saudi Aramco And KPC Maintain Propane Price But Reduce Butane By $15/Ton For January

Saudi Aramco and Kuwait Petroleum Corporation (KPC) announced their January delivery LPG contract prices on 2 January, maintaining the price of propane at $335/ton, while reducing the price of butane from December by $15/ton to $320/ton. Factors affecting bids for the spot tenders during December included falling crude oil prices and, more directly, a drumskin-tight US...