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- Emerson launches global LNG solutions center in Qatar
- Real estate trading volume hits QR1.277bn in March 2025
- 'QSE index resumes rise after US suspends tariffs for 90 days'
- Mubadala enters US upstream market with Kimmeridge deal
- Closing Bell: Saudi main index closes in green at 11,502
- QNB Group first quarter net profit rises to QR4.3bn
- Saudi Arabia climbs to 13th spot in Kearney's FDI Confidence Index
- PureHealth announces Dh343 million dividend in strong first year post-listing
- Oil markets face downside volatility on tariffs, increased supply
- Dubai gold price in another Trump tariff induced high - Dh24 in 4 days stuns UAE shoppers
28/02/2025 14:59 AST
Saudi Aramco has slashed the official selling prices 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.
Both propane and butane are types of liquefied petroleum gas, commonly used for heating, vehicle fuel, and as feedstock in the petrochemical industry. Although similar, these gases have different boiling points, making them suitable for a range of specific applications.
Aramco's OSPs for LPG serve as important benchmarks for contracts supplying these products from the Middle East to the Asia-Pacific region.
Propane demand typically peaks in the winter months, as it is a key source of home heating, and this seasonal increase often drives up prices.
The fluctuations in price are a direct reflection of supply and demand dynamics, with colder weather pushing prices higher in line with greater consumption.
Arab News
10/04/2025
A major petrochemical industry expansion is set for Saudi Arabia's west coast as Aramco, Sinopec, and Yasref advance plans to develop a fully integrated complex in Yanbu.
The three companies
Arab News
10/04/2025
Saudi Aramco has made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, further cementing Saudi Arabia's position as a global energy leader.
A
Arab News
06/04/2025
Saudi Aramco on Sunday cut its crude oil prices for Asian buyers in May to their lowest in four months, an official document showed.
This is the second consecutive month Aramco has lowered i
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ABAR | 145.00 | 1.00 (0.69 |
| ADNOCGAS | 2.97 | -0.01 (-0.34 |
| ADNOCDRILL | 4.92 | 0.02 (0.40 |
| BAHRI | 30.90 | 0.30 (0.98 |
| ADES | 15.00 | 0.40 (2.73 |
11/04/2025
QNB Group, one of the largest financial institutions in the Middle East and Africa (MEA) region, posted a first quarter (Q1, 2025) net profit of QR4.3bn ($1.2bn), an increase of 3% compared to same p
Gulf Times
11/04/2025
PureHealth Holding, the largest healthcare group in the Middle East, has announced, following its Annual General Assembly (AGM), shareholder approval for its first-ever dividend distribution since li
Khaleej Times
10/04/2025
The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company.
The DFM-listed Al Ansari - which also operates the UAE's biggest remittance firm
Gulfnews
10/04/2025
Kuwait-based real estate development company Mabanee and global hospitality major Hilton has announced the signing of an agreement for the development of its prime project - Hilton Kuwait Resort - th
Trade Arabia
10/04/2025
Beyon Cyber, part of the Beyon Group, has been recognized with three major accolades at the 2025 Cyber Security Excellence Awards, one of the industry's most renowned awards, voted on by the global c
Trade Arabia
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