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- NBK prices $800 million in landmark Additional Tier 1 bond issuance
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27/03/2025 14:36 AST
Saudi Aramco kept the April's official selling prices for propane and butane unchanged from the previous month, according to a statement released on Thursday.
The prices are set at $615 per tonne for propane and $605 per tonne for butane.
Both propane and butane are types of liquefied petroleum gas, commonly used for heating, vehicle fuel, and as feedstock in the petrochemical industry. Although similar, these gases have different boiling points, making them suitable for a range of specific applications.
Aramco's OSPs for LPG serve as important benchmarks for contracts supplying these products from the Middle East to the Asia-Pacific region.
Propane demand typically peaks in the winter months, as it is a key source of home heating, and this seasonal increase often drives up prices.
The fluctuations in price are a direct reflection of supply and demand dynamics.
Last month, the Saudi company slashed OSP for propane by $20 per tonne while butane prices were dropped by $20 to $605 a tonne.
Arab News
07/07/2025
Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate ten
Trade Arabia
07/07/2025
Saudi Aramco has raised its official selling price for its flagship Arab Light crude oil destined for Asia in August, the company confirmed in an official statement on Sunday.
The state-owne
Arab News
30/06/2025
Saudi Aramco has lowered its official selling prices for propane and butane for July 2025, reflecting changing global market dynamics.
In a statement released on Sunday, the oil giant set pr
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ABAR | 159.00 | 2.00 (1.27 |
| ADNOCGAS | 3.40 | -0.01 (-0.30 |
| ADNOCDRILL | 5.79 | -0.08 (-1.37 |
| BAHRI | 23.95 | 0.33 (1.39 |
| ADES | 13.20 | 0.14 (1.07 |
07/07/2025
Investors in the UAE get another shot at buying shares through a stock market float, and one that's tied to the fortunes of Dubai and UAE real estate sector.
DFM-listed Al Mal Capital REIT h
Gulfnews
07/07/2025
As part of its ongoing commitment to youth empowerment, Gulf Bank has successfully concluded its sponsorship of the The Influencer 'AlMoather' Plus program, organized by LOYAC Academy of Performing A
Kuwait Times
07/07/2025
The Abu Dhabi based taxi and fleet operator Mwasalat Holding has sold a sizable 22.5% stake to Emirates Driving Company.
Mwasalat generated over Dh650 million in revenues in 2024, and apart
Gulfnews
07/07/2025
Qatar Islamic Bank (QIB) has received the 'Best Consumer Bank in Qatar and the Middle East' and 'Personalised Financial Advice in Qatar and the Middle East' accolades at the AI in Finance Awards 2025
Gulf Times
07/07/2025
In a step that reflects a shared commitment to fostering innovation and driving impact, "Elm" Company and "One" Group for Communications and Marketing have signed a Memorandum of Understanding (MoU)
Saudi Gazette
Financial Information Co.
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