Saudi Aramco holds April LPG OSPs steady, Sonatrach cuts by 2-7%
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Saudi Aramco holds April LPG OSPs steady, while Sonatrach cuts prices by 2-7% due to weaker Mediterranean demand.
MOSCOW (Reuters) - Oil producer Saudi Aramco keeps its April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March, while Algeria's Sonatrach cut its OSPs by 2-7% due to weaker demand in the Mediterranean, traders said on Monday.
Aramco's April OSP for propane was stable at $615 per metric ton, while butane was $605 per ton, 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 ton and for butane by $40 to $545 a ton, traders said.
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.
(Reporting by Reuters, Editing by Louise Heavens)
The article discusses Saudi Aramco's decision to maintain April LPG OSPs and Sonatrach's reduction of their prices due to weaker demand.
Sonatrach reduced its OSPs by 2-7% due to weaker demand in the Mediterranean region.
Aramco's propane is $615 per ton, Sonatrach's propane is $550 per ton, and butane is $545 per ton.
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