Saudi Aramco Cuts Propane and Butane Prices for March – 2025
RIYADH – Saudi Aramco has reduced its official selling prices (OSP) for propane and butane for March, according to a statement released on Thursday.
The new prices are set at $615 per tonne for propane and $605 per tonne for butane.
Propane and butane are both types of liquefied petroleum gas (LPG) commonly used for heating, vehicle fuel, and as feedstock in the petrochemical industry. While similar, they have different boiling points, making them suitable for various applications.
Aramco’s LPG prices are key benchmarks for contracts supplying these products from the Middle East to the Asia-Pacific region.
Propane demand typically rises during winter, as it is widely used for home heating, often driving up prices due to increased consumption.
Price changes reflect shifts in supply and demand, with colder weather generally pushing prices higher.
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