
Oil producer Saudi Aramco (2222.SE) and Algeria’s Sonatrach lowered January’s official selling prices (OSPs) for liquefied petroleum gas (LPG) by between 1.6 per cent and 6 per cent from December because of weaker demand for the fuel, traders said on Thursday.
Aramco’s January OSP for propane decreased by $10 to $625 a metric ton while butane dropped by $15 to $615 a ton , the traders said.
Propane and butane