Riyadh – Mubasher: State-run Saudi Aramco on Thursday announced raising propane prices for August contracts by $5 to register $580 per tonne.
July contract price for propane stood at $555 a tonne, down from $560 in the previous month, according to data released by the state-owned crude producer.
Aramco’s price is a benchmark for the prices of the Middle East liquefied petroleum gas (LPG) sales to Asia.