Riyadh – Mubasher: Saudi Arabian Oil Co, known globally as Saudi Aramco, has slashed propane price by $45 to $480 per tonne in March, compared to $525 per tonne in February.
“The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced,” according to Reuters.
The state-owned crude producer also trimmed contract prices for butane by $40 to $465 per tonne in the third month of the year, against $505 per tonne during the prior month.
