Saudi Aramco raises June propane prices $10: Document

Published: Updated:

Saudi Arabian state oil giant Aramco has set its June contract price for propane at $350 a tonne, up from $340 in May, the company said on Sunday.

Aramco has set June butane prices at $330, down from $340 the previous month.

The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.

Read more:

Aramco releases archive video of King Abdulaziz overseeing Saudi’s first oil exports

Saudi Aramco reports fall in first quarter net profit following oil price plunge

Saudi Aramco reduces fuel prices in May 2020