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- ADX names Mena start-up Thndr as remote retail trading member
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30/06/2025 04:01 AST
Saudi Aramco has lowered its official selling prices for propane and butane for July 2025, reflecting changing global market dynamics.
In a statement released on Sunday, the oil giant set propane at $575 per tonne and butane at $545 per tonne-both down $25 from the previous month. The adjustment continues a downward trend driven by evolving supply-demand conditions.
Propane and butane, classified as liquefied petroleum gases, are essential fuels for heating, transport, and petrochemical production. Aramco's monthly pricing serves as a key benchmark for LPG shipments from the Middle East to the Asia Pacific.
The global LPG market is undergoing a reshuffle as China shifts away from US imports due to steep tariffs, increasingly turning to Middle Eastern suppliers. In turn, American cargoes are being rerouted to Europe and other parts of Asia.
This realignment is putting pressure on global LPG prices and weakening demand for US shale byproducts, impacting both American shale producers and Chinese petrochemical firms. Meanwhile, the trend is spurring greater interest in alternative feedstocks like naphtha.
Middle Eastern exporters are benefiting from the shift, stepping in to fill the gap left by falling US exports to China. Buyers in Asia, including Japan and India, are also taking advantage of the softer prices to strike more favorable supply deals.
Arab News
07/08/2025
Saudi Aramco has increased the official selling price of its flagship Arab Light crude for Asian buyers in September.
The state-owned energy giant raised the Arab Light price by $1 per barre
Arab News
06/08/2025
Saudi Aramco reported a net profit of SR85 billion ($22.67 billion) for the second quarter of 2025, underscoring its operational strength and financial resilience amid ongoing market volatility.
Arab News
01/08/2025
Saudi Aramco has reduced its official selling prices for liquefied petroleum gas for August 2025.
The state energy giant on Thursday set propane at $520 per tonne and butane at $490 per tonn
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ABAR | 170.00 | 0.00 (0.00 |
| ADNOCGAS | 3.36 | 0.01 (0.29 |
| ADNOCDRILL | 5.77 | 0.03 (0.52 |
| ADES | 14.98 | 0.13 (0.87 |
| BAHRI | 22.47 | 0.00 (0.00 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
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