VOL. XLIII

No. 32

7 August 2000

SAUDI ARABIA

Saudi Arabia And Kuwait Change LPG Prices Slightly For August Despite High Tender Bids During July

Saudi Aramco and Kuwait Petroleum Corporation (KPC) have changed their LPG prices for August only slightly, with the propane contract price being unchanged from July at $295/ton and the butane contract price being raised by $2/ton to $300/ton. This cautious approach to pricing was adopted despite some bids for the three spot tenders during July of more...