VOL. XXXVII

NO. 10

6 DECEMBER 1993

Oil Prices

Saudi Aramco Lowers December LPG Prices

Saudi Aramco has notified its LPG customers of a 6.4% decrease in theDecember price of propane to $109.00/ton from $116.50/ton in November and a 5.5%decrease in the December price of butane to $111.00/ton from $117.50/ton inDecember. Saudi LPG prices are adjusted monthly in line with the formula whichcame into effect on 1 January 1992. The following table shows the evolution ofSaudi LPG prices since July 1992...