Riyadh – Mubasher: Saudi Aramco on Thursday announced reducing propane prices for April contracts by $5 to register $475 per tonne.
March contract price for propane stood at $480 a tonne, according to data released by the state-owned crude producer.
Aramco’s price is a benchmark for the prices of the Middle East liquefied petroleum gas (LPG) sales to Asia.
The world's largest oil producer also raised butane prices for April deals by $5 to hit $470 per tonne, up from $465 a tonne a month earlier.
