Saudi state oil company Saudi Aramco has decided to reduce the unprecedented contract price for liquefied propane in April, 46.5% with $ 430 in March to $ 230 per ton.
In April, 50% will also decrease the contract price of liquid butane, which fell from $ 480 per ton in March to $ 240 with delivery next month.
Arabic CNBC reminds that these prices are the reference for liquefied petroleum gases (LPG), implemented from the Middle East to Asia.
Previously coalsalesthat the price of the Russian oil brand Urals in North-Western Europe (SZE) in absolute terms decreased by 3.20 dollar per barrel compared with Friday, to its lowest level since March 1999 – $ 13 per barrel for delivery in Rotterdam.
