VOL. XXXVIII

NO. 32

8 MAY 1995

Oil/LPG Prices

Aramco Cuts LPG Term Prices For The Third Consecutive Month In May

Though Saudi Aramco's LPG contract prices have been falling in response tosoftening market conditions for three months now, they have not dropped nearlyas far or as fast as spot trends would justify, nor does it seem that marketindicators are assuming the kind of importance they did in the initial periodfollowing the introduction of the Kingdom's new LPG pricing system last October....