Oil & Gas Aramco holds LPG prices steady for April By Reuters April 1, 2025, 10:27 AM Thomson Reuters Aramco's OSPs are used as a reference for contracts to supply LPG from the Middle East to the Asia-Pacific region Oil producer Saudi Aramco kept April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March, while Algeria’s Sonatrach cut its OSPs by 2-7 percent due to weaker demand in the Mediterranean, traders said on Monday. Aramco’s April OSP for propane was stable at $615 per metric tonne, while butane was $605 per tonne, traders said. Propane and butane are types of LPG with different boiling points. LPG is used mainly as fuel for cars and heating as well as a feedstock for other petrochemicals. Sonatrach cut its April OSP for propane by $10 to $550 a tonne and for butane by $40 to $545 a tonne, traders said. Aramco buys 50% of local blue hydrogen producer Saudi Aramco considering investment in Indian refineries Aramco looks at China’s potential growth sectors Aramco’s OSPs are used as a reference for contracts to supply LPG from the Middle East to the Asia-Pacific region. Sonatrach’s OSPs are used as benchmarks for the Mediterranean and Black Sea region, including Turkey. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
