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Saudi Aramco and Sonatrach Increase Propane and Butane Prices in the Face of Global Supply Shortages
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Saudi Aramco and Sonatrach Increase Propane and Butane Prices in the Face of Global Supply Shortages
The state oil company Saudi Aramco and the Algerian company Sonatrach have raised between 3.3% and 5.4% the prices of liquefied petroleum gas (LPG) in the face of the global shortage of supply, according to sources of the market. Thus, Saudi Aramco has placed at 495 dollars (425.18 euros) the metric ton of propane, 20 dollars (17.18 euros) more, and at 485 dollars (416.59 euros) that of butane, 25 dollars (21.47 euros) more. Then Sonatrach will …
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