NO. 41

11 JULY 1994

Oil Prices

Saudi Aramco Raises July LPG Prices

Saudi Aramco has notified its LPG customers of a 6.6% increase in the Julyprice of propane to $120.50/ton from $113.00/ton in June, and a 6.7% increase inthe July price of butane to $119.00/ton from $111.50/ton in June. Saudi LPGprices are adjusted monthly in line with the formula which came into effect on 1January 1992. The following table shows the evolution of Saudi LPG prices sinceJuly 1993 ($/ton):

 Date of Change...