Riyadh – Mubasher: Saudi Aramco on Thursday announced setting the price of propane at $560 per tonne for June contracts, up from $500 in May.
Aramco’s propane price provides a benchmark for the Middle East’s sales of liquefied petroleum gas (LPG) to Asia.
The large international crude oil producer also announced raising butane contract prices to $560 per tonne from $505 in the prior month.
