Riyadh – Mubasher: Saudi Arabia oil Co, known globally as Saudi Aramco, has reduced propane’s price in February contracts by $65 per tonne to reach $525, compared to $590 per tonne in January contracts.
Saudi Aramco has cut butane’s price in February contract by $65 per tonne to $505, compared to $570 per tonne in January, according to Reuters.
Aramco's propane price is deemed a standard for pricing the MENA’s sales of liquefied petroleum gas (LPG) to Asia.
