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RIYADH (Reuters) – Saudi Aramco has lowered the price of Arab light crude that it sold in December to its Asian customers, an informed source said Monday.
The source added to Reuters that the $ 0.10 a barrel reduction from November had become a premium of $ 1.60 a barrel above the Oman / Dubai average.
At the end of October, Saudi Aramco set the price of propane in November 2018 at 540 dollars per ton, against 655 dollars in October..
According to Reuters, the company set the price of butane at $ 525 a tonne in November, up from $ 655 a tonne in October..
The price of propane from Aramco is a standard for determining the price of LPG sales in the Middle East in Asia.
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