Riyadh – Mubasher: State-run Saudi Aramco, the world's largest oil producer, on Monday announced increasing propane prices in May contracts to $500 per tonne, compared to $475 per tonne a month earlier.
The Middle Eastern oil giant also raised Butane price in May deals to $505 per tonne, up from $470 per tonne in April, according to Reuters.
Aramco’s price is a benchmark for the prices of the Middle East liquefied petroleum gas (LPG) sales to Asia.
