Saudi Aramco Slashes July LPG Prices as Global Supply Swells
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- Provider tag
- free-analysis-rule-based-analysis
- Analysis version
- free-analysis-rule-based-analysis
- Article id
- 102590
- Timeframe
- 6h
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Free Analysis Rule Based Analysis not AI OIL Bullish 60%Generated 6h Excluded
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Original source
Saudi Arabia and Algeria have officially cut selling prices for liquefied petroleum gas (LPG) for the month of July amid increased global market supply. Saudi Aramco, Saudi Arabia’s national oil company, has lowered its official selling prices (OSPs) for a metric ton of propane by $180 to $580 per ton and by $220 to $600 per ton for butane while Sonatrach, Algeria’s state-owned oil producer, has lowered July OSPs for propane by $57/ton to $518 and and for butane by $10/ton to $600, according to Reuters reporting on Wednesday.…
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Original article published by OilPrice.com on July 1, 2026. Analysis and insights provided by AnalystMarkets AI.
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