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- stc Group posts robust growth for 2024; revenue soars to $20bn
- Saudi king, crown prince donate SR150 million to Jood Regions campaign
- Emsteel launches new programme to expand product portfolio
- Ahlibank holds annual ordinary and extraordinary general meetings
- QU president calls for revising financial incentives to attract investments to Gulf
- Nesma JV to deliver King Salman International Airport package
- DP World sets new record in 2024 handling 1.3m vehicles
- Commercial Bank launches Barzan Leadership Development Programme for employee empowerment
- Chinese mainland investors drive surge in Hong Kong stocks
- Saudi PIF-backed developer draws $126bn in IPO orders
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
30/03/2018
Saudi Arabia expects to unveil by the end of June rules to prevent large share price drops in newly-listed companies, the final regulatory step for the listing of oil giant Saudi Aramco, the head of
Arab News
30/03/2018
Petroliam Nasional Berhad (Petronas), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, have announced the formation of two joint ventures for the Refi
Trade Arabia
29/03/2018
Saudi Aramco finalized a deal on Wednesday with Malaysian state energy company Petroliam Nasional Berhad (Petronas) to invest in a refinery project off Malaysia.
The Saudi oil giant agreed
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ABAR | 0.00 | 4.00 (2.43 |
| ADNOCGAS | 3.37 | -0.03 (-0.89 |
| ADNOCDRILL | 5.49 | 0.01 (0.18 |
| BAHRI | 30.40 | 0.20 (0.66 |
| ADES | 17.20 | -0.30 (-1.72 |
27/02/2025
stc Group, a digital enabler, offering advanced solutions and driving a role in the digitalization process, today (February 26) delivered solid results for FY 2024 with a 85% jump in its net profit w
Trade Arabia
27/02/2025
Ahlibank held its annual ordinary and extraordinary general meetings on Wednesday.
The meetings were presided over by Ahlibank chairman Sheikh Faisal bin AbdulAziz bin Jassem al-Thani.
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Gulf Times
27/02/2025
Emsteel, one of the largest publicly traded steel and building materials manufacturers in the region, has announced the launch of its Asset Enhancement Programme - a strategic initiative with a CapEx
Trade Arabia
26/02/2025
National Bank of Bahrain (NBB) has reported a 4% growth in its net profit attributable to the shareholders for the year ended December 31, 2024, recording BHD81.9 million ($217.3 million) compared to
Trade Arabia
26/02/2025
Investcorp, a leading global alternative investment firm, today (February 26) announced that it has acquired two industrial portfolios in the Minneapolis and Baltimore markets for a gross transaction
Trade Arabia
Financial Information Co.
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