Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- What is in the new US-UK trade deal?
- OQEP announces net profit exceeding OMR74.9 million
- Dubai Taxi Company revenue hits Dh588.3 million in Q1, driven by 8% YoY trip growth
- Dubai: Emaar Development records 28% growth in property sales
- Union Properties slashes more debt, eyes new projects after strong Q1
- Mubadala's assets under management grew to Dh1.2 trillion in 2024
- Oil Updates - prices edge up on US-China trade talk hopes
- Closing Bell: Saudi main index closes in red at 11,364
- S&P: Tadawul Plays Pivotal Role in Saudi Arabia's Economic Transformation
- Oil Prices Hold Steady on Support from US-China Trade Hopes
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
06/05/2025
Saudi Aramco has increased its official selling price for crude oil destined for Asia in June, ending a two-month streak of price cuts, the company confirmed in an official statement on Sunday.
<
Arab News
29/04/2025
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company aimed at operating ports, transporting crude oil, and providing ot
Asharq Al Awsat
21/04/2025
Saudi energy major Aramco and Chinese electric vehicle manufacturer BYD have signed a joint development agreement to explore advancements in new energy vehicle technologies.
The partnership
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ABAR | 143.00 | -2.00 (-1.38 |
| ADNOCGAS | 3.23 | -0.03 (-0.93 |
| ADNOCDRILL | 5.23 | 0.10 (1.94 |
| BAHRI | 29.90 | -1.10 (-3.55 |
| ADES | 14.90 | 0.20 (1.36 |
09/05/2025
OQ Exploration and Production Company (OQEP) announced net profit exceeding OMR74.9 million ($194.7 million) during the first quarter of 2025. EBITDA reached OMR152.7 million ($397.1 million).
ONA
09/05/2025
Dubai Taxi Company on Thursday reported a five per cent in first quarter revenue to Dh588.3 million, with strong underlying performance across its core business lines.
DTC's taxi segment rev
Khaleej Times
09/05/2025
Emaar Development, the UAE's premier property developer, and a majority-owned subsidiary of Emaar Properties, on Thursday reported first quarter net profit before tax of Dh2.8 billion; an increase of
Khaleej Times
09/05/2025
Union Properties is picking up the pace on its turnaround playbook-posting double-digit revenue growth, slashing legacy debt, and laying the groundwork for a more aggressive return to project launche
Gulfnews
08/05/2025
Commercial Bank, a leader in innovative banking solutions, is the first bank in Qatar to introduce Real Estate Escrow accounts in collaboration with the Real Estate Regulatory Authority "Aqarat".
The Peninsula
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia