Reported about 16 hours ago
Saudi Aramco and Algeria's Sonatrach have announced a decrease in their official selling prices (OSPs) for liquefied petroleum gas (LPG) in March, with reductions ranging from 0.9% to 3.2% due to falling oil prices and diminishing global demand for LPG. Aramco cut propane prices by $20 to $615 per metric ton and butane prices by $20 to $605 per ton, while Sonatrach lowered its propane prices by $5 to $560 per ton and butane by $15 to $585 per ton. These prices serve as benchmarks for LPG contracts from the Middle East to Asia-Pacific and Mediterranean regions.
Source: YAHOO