VOL. XXXVII
NO. 45
8 AUGUST 1994
Oil Prices
Saudi Aramco Raises August LPG Prices
Saudi Aramco has notified its LPG customers of a 5.0% increase in theAugust price of propane to $126.50/ton from $120.50/ton in July, and a 4.6%increase in the August price of butane to $124.50/ton from $119.00/ton in July.Saudi LPG prices are adjusted monthly in line with the formula which came intoeffect on 1 January 1992. Saudi Aramco is planning to replace its currentcrude-linked LPG term formula with a monthly...
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