5 2020 September 365 355 360 +5 2020 August 365 345 355 +5 The LPG prices initially dropped by 24% in April due to a decline in the price of Propane and Butane. Aramco increased retail diesel prices for 2024 by 53 percent to SAR1. The price for LPG products will increase in April 2024 in the Fijian market and major contributors of LPG product price changes in April 2024 are as follows: a. , also known as Saudi Aramco, kept the official selling prices for liquefied petroleum gas in December unchanged from the previous month, according to an official statement. 057 +0. Support Jan 12, 2022 · The Aramco Oil Company in Saudi Arabia announced its review of the new fuel prices for the January 2022, according to the international prices, which applied starting Today (11th January 2022). The FCCC used the March 2024 Saudi Aramco Butane Contract Price (CP), international freight rates and foreign exchange rate to determine the local LPG product prices for May 2024. Nov 1, 2023 · MOSCOW, Nov 1 (Reuters) - Saudi Arabia's state oil producer Aramco 2222. May 7, 2024 · Saudi Aramco: Company General Use. Propane and butane are types of LPG with different boiling points. on Monday, Jan. Conversely, Sonatrach’s prices are standards for the Mediterranean, Black Sea, and Turkey regions. Fuel Price Change Factors Dec 30, 2021 · The front-month January Saudi CP propane swap was last assessed at $724/mt and the January Saudi CP butane swap at $694/mt at the Asian close Dec. Jan 1, 2023 · +84 903 815 852 - +84 225 3 564 259. Saudi Aramco is responsible for updating fuel prices periodically every month on 10th, and it will effects from 11th of the month. Contact us 24/7. Dec 31, 2019 · Saudi Arabia's state oil giant Aramco has set the January propane price at $565 a tonne, up from $440 in December, the company said on Tuesday. 5 2020 October 375 380 377. These prices serve as a benchmark for LPG supply contracts to the Asia-Pacific region. 4 per kg for Januyar compared to Rs. Watch Argus Propane (Saudi Aramco) Futures price in more detail on the chart . Q1 2024: strong performance, growth and distributions > Solid results. Every day we supply high-quality fuels to the local marketplace for auto, home, and business. Jan 8, 2024 · Companies including Nama Chemicals and Saudi Ceramic said in regulatory filings that they were notified by the energy giant on Wednesday that as of Jan. (Saudi Aramco) loweredpropane contract prices for April month-on-month (MoM) by $15 to$615 per ton. 6 percent. 00 Aramco also increased February butane contract prices by $10 a ton Jan 4, 2024 · Businesses have been given notice of the price increase for Aramco’s feedstock and fuel products, which came into effect from the start of this month. Aug 1, 2023 · LPG is mainly used as a fuel for cars, heating and as a feedstock for other petrochemicals. SE has raised official selling prices (OSPs) for liquefied petroleum gas (LPG) in November by 1-2% from October due to Fiji Fuel Prices November 2024 Lok. In their Jan 8, 2024 · Therefore, the local fuel prices for January 2024 are based on imports made by fuel companies in November 2023. Jan 1, 2024 · According to OGRA notification, the 11. Listen In Jan 1, 2024 · In an advisory, Petron Corp. The FCCC used the April 2024 Saudi Aramco Butane Contract Price (CP), international freight rates and foreign exchange rate to determine the local LPG product prices for June 2024. The FCCC used the January 2024 Saudi Aramco Butane Contract Price (CP) and January 2024 international freight rates and foreign exchange rate to determine the local LPG product prices for March 2024. Through its low-cost upstream operations and The FCCC used the May 2024 Saudi Aramco Butane Contract Price (CP), international freight rates and foreign exchange rate to determine the local LPG product prices for July 2024. 4% due to rising oil prices and increased demand from the Mediterranean region, traders said. 9 million ($80. 00 10. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon and ammonia markets. Jan 31, 2024 · January 31, 2024 7:33 AM UTC Updated ago A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. The Bangladesh Energy Regulatory Commission (BERC) fixed the retail prices of liquefied petroleum gas (LPG) for domestic market on Monday, for the first time, considering the Saudi Aramco contract price (CP) of March 2021, which was the highest over several years. Sonatrach raised its August OSP for propane by $70 to $470 per tonne , while OSP for butane went up by $130 to $465 per tonne . China, the largest LPG importer and consumer, saw a significant rise in imports by forty-six percent in March. Picture taken May 23, 2018. Feb 7, 2024 · The Saudi Arabian oil Company released its official selling price for LPG (Liquified Petroleum Gas) for February 2024. LPG’s Primary Uses Mar 1, 2024 · Saudi Arabia's state oil producer Aramco 2222 has left unchanged official selling prices (OSPs) for liquefied petroleum gas in March, while Algeria's Sonatrach has raised OSPs for LPG by 3. Saudi Aramco, the world's largest oil-producing company, increased retail diesel prices for 2024 by 53 per cent to 1. 59 per kg for February compared to Rs. 302,Malek Abdolrazaq Ali Hassan Alzaroni, Deira, Ayal Naser, Dubai, U. Jan 1, 2024 · In a notification issued on Monday, the regulator set the price of LPG at Rs. Aug 8, 2023 · RIYADH: Energy behemoth Saudi Arabian Oil Co. Jan 31, 2024 · In a notification issued on Wednesday, the regulator set the consumer price of LPG at Rs. 5 percent or Rs6. The average dollar exchange rate has however gone down by 1% resulting to increase in LPG consumer price by Rs. Jan-24 Propane 620 Butane 630 Feb-24 Propane 630 Butane 640 May 1, 2021 · +84 903 815 852 - +84 225 3 564 259. Saudi Arabia's Sipchem, a listed company on the Fortune 500 Arabia list, said it had received notification from Aramco of an Feb 1, 2024 · Saudi Arabia's state oil producer Aramco and Algeria's Sonatrach have raised February official selling prices (OSPs) for liquefied petroleum gas (LPG) by 1. 86 percent resulting to increase in LPG consumer price by PKR 18. SE has raised official selling prices (OSPs) for liquefied petroleum gas (LPG) in January by 1. You'll find the closing price, open, high, low, change and %change of the Saudi Aramco Stock for the selected range of dates. 6-2. Jan 3, 2024 · Saudi Aramco announced January propane price to Asia with increase insight 03 Jan 2024 While LPG demand in Asia remained largely stable, the recent tension in the Red Sea caused many international shipping lines to re-route their vessels May 1, 2021 · +84 903 815 852 - +84 225 3 564 259. 45 per kilogram for both domestic and commercial consumers for April 2024. com--Edited by James Leech, james. Support May 1, 2021 · +84 903 815 852 - +84 225 3 564 259. Nov 30, 2023 · RIYADH: The Saudi Arabian Oil Co. 900 SAR/l (Median) from Jul 2020 to Jun 2024, with 48 observations. wang@spglobal. --Rajesh Nair, rajesh_nair@platts. May 29, 2024 · Saudi Aramco, the state-owned oil giant, and market leader in LPG, slashed their official selling prices (OSPs) for May 2024 compared to April 2024. Saudi Aramco . info@3mgas. The FCCC used the January 2024 Saudi Aramco Butane Contract Price (CP) and December 2023 international freight rates and foreign exchange rate to determine the local LPG product prices for February 2024. REUTERS/Ahmed Jadallah Purchase Licensing Rights, opens new tab Jan 4, 2024 · Saudi Arabian Mining Company said its earnings could be hit by state energy giant Saudi Aramco’s decision to increase fuel product prices from Jan. said it will increase LPG prices by P3. What is Argus Propane (Saudi Aramco) Futures volume? Jan 15, 2024 · LPG prices in China remained unchanged during December 2023 after the announcement of stable prices of the commodity by major players. The average dollar exchange rate has, however, gone down by 0. 15 ($0. “The expected financial impact Apr 17, 2024 · After a period of stability, the market for Liquefied Petroleum Gas (LPG), a crucial fuel for cooking and heating in Saudi Arabia, has seen a welcome price decrease during April 2024. Its butane counterpart also rose by USD 10. S. 257. Mar 31, 2024 · Saudi Arabian Oil Co. 15 Saudi riyals ($0. The front-month January Saudi CP propane swap was notionally indicated at $730/mt on Dec. 86%, resulting in an increase in the LPG consumer price by Get free historical data for 2222. LPG is mainly No. Below are the expected Saudi Aramco official . 4 million) from Saudi Steel Pipe Co. leech@spglobal. 13. Low. Saudi Aramco set its propane contract price for June at one dollar five hundred eighty per tonne and butane at one dollar five hundred sixty-five per tonne. The government implements a maximum price cap on gasoline to shield consumers from excessive costs and introduces subsidies when global oil prices climb beyond a predetermined level. 04 January, 2024. 00 SAUDI ARAMCO Butane prices for FOB Ras Tanura. 950 SAR/l for May 2024. Jan 31, 2024 · According to OGRA, the LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. A rare moment of stability emerged in December with Saudi Aramco's decision to maintain its Official Selling Prices (OSPs) for liquefied petroleum gas (LPG) unchanged from the previous month. A9NQ2024 Argus Propane (Saudi Aramco) Futures (Aug 2024) (Saudi Aramco) Futures (Dec 2024) 2024-12-03: 603. 45%). Also, the cut in the Propane contract prices by Saudi Aramco has impacted the prices globally. The FCCC used the February 2024 Saudi Aramco Butane Contract Price (CP), international freight rates and foreign exchange rate to determine the local LPG product prices for April 2024. 16/kg, rising from Rs256. Jan 29, 2019 · Aramco's CPs, which set the price of LPG lifted from the Saudi ports of Yanbu, Ras Tanura and Ju'aymah under term supply contracts, are closely watched by the market as they tend to set a base level for LPG pricing for most markets East of Suez. gov. com Apr 1, 2024 · ISLAMABAD: Pakistan, as an importer, has lowered the prices of Liquefied Petroleum Gas (LPG) by 2. SAUDI ARAMCO LPG PRICES PER METRIC TONNE (MT) CP(USD$) 0 100 200 300 400 500 600 700 LPG PRICES ANALYSIS 2020 YEAR MONTH PROPANE(USD$) BUTANE(USD$) CP(USD$) VARIATION(USD$) 2020 December 450 460 455 +20 2020 November 430 440 435 +57. 256. Therefore, the local fuel prices for january 2024 are based on imports made by fuel companies in november 2023. Our address. To be fair, there had been talk about increase in ethane and methane prices for a while now Oct 4, 2023 · In September 2023, global Liquified Petroleum Gas (LPG) prices experienced a significant increase due to the decisions made by Algeria's Sonatrach and Saudi Arabia's Aramco to adjust their official selling prices (OSPs) for LPG and implement a 13-22% price hike in September 2023 compared to August 2023. Feb 1, 2024 · This image taken on January 31, 2024, shows gas cylinders outside a shop in Karachi's Gulshan-e-Iqbal area. —KG, GMA Integrated News 1 day ago · Find information for Argus Propane (Saudi Aramco) Quotes provided by CME Group. High. 6%. 30, while butane was indicated at $700/mt, brokers said. Dollars, published under the heading "International comparisons: Saudi Aramco: Propane" in the issue of Argus International LPG that reports prices effective on that Pricing Date. This positive shift comes courtesy of Saudi Aramco, the state oil giant, who recently announced a reduction in their official selling prices (OSPs) for April. A. Aramco’s official LPG selling prices serve as a benchmark for supply contracts from the Middle East to the Asia-Pacific region. The average Dollar exchange rate has however gone down by 0. The price for LPG products will decrease in July 2024 in the Fijian market and major contributors of LPG product price changes in July 2024 are as follows: a. doe May 2, 2023 · Saudi Aramco’s LPG contract prices will stay largely steady near two-year lows through May, with broker figures showing Please Register or Sign in to view this content. 76/11. Meanwhile, Algeria's Sonatrach has decreased the OSP for Propane by 7% this month. The product price declined as sufficient supply was maintained to meet the demand for domestic as well as international markets. The 11. As compared to previous month Saudi Aramco-CP has increased by 1. --Wanda Wang, wanda. Some sources said there were no cuts or delays for March, estimating Saudi exports at above 550,000 mt, though not more than 600,000 mt. 0% versus January due to rising oil Mar 1, 2021 · The higher March CPs came as Saudi Aramco announced acceptances of term LPG nominations for March loadings, with trade sources mixed on whether there were cancellations or delays and the volumes to be exported. Lower exports from the Mideast Gulf region owing to planned maintenance coincided with strong east Asian demand, resulting in the strong monthly hike in prices. 3067) a litre, its third increase since 2016, reported Reuters. 43/kg in January to Rs275. Q1 2024 Results | 4. 40 per kilogram, effective 12:00 p. 1 this year. Fccc used the december 2023 saudi aramco. This service is free to Members and Associates, but also available to non-members for an annual fee of AUD$577. The SCP is exclusive to GEA and set at the beginning of each month by Saudi Arabia's state-owned oil company Saudi Aramco, and is the primary Butane Contract Price Movement Saudi Arabia’s state-controlled Saudi Aramco raised the January 2024 Propane Contract Prices (CP) by USD 10. “This reflects the international contract price of LPG for the month of January,” the advisory read. 50 (GST inclusive). Jan 4, 2024 · Saudi Arabia’s state oil producer Aramco 2222. 31) per litre, its third increase since 2016. Fccc Partners With Fiji Muslim League For Dec 31, 2018 · The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran, Saudi Arabia May 23, 2018. Fuel prices in Saudi Arabia are adjusted monthly, reflecting changes in the global crude oil market, with reviews scheduled for the 10th of each month. 52/11. Price. To support the efforts, Aramco is significantly boosting its capital expenditure budget for 2022 to $40 billion-$50 billion, up from the 2021 level of $31. For April-loading cargoes, Saudi Aramco's acceptances were also in line with nominations, though traders said there could be some cargoes deferred or delayed on lifters' request. This recent increase in Saudi LPG prices was partially attributed to rising Crude oil costs, which led the official benchmark to raise the offered quotations. 1, 2024. Saudi may cut crude price premium to one-year low Jun 1, 2023 · Algeria’s Sonatrach and Saudi Arabia’s state oil producer Aramco dropped June official selling prices (OSPs) for liquefied petroleum gas (LPG) by 17-20 percent compared to May due to ample LPG This daily service provides essential access to key industry reference prices, such as the propane and butane Argus Far East Index (AFEI), Argus cif ARA large cargoes, Argus North Sea Index (ANSI), Argus Ningbo Index, Argus Mont Belvieu, Argus daf Brest and a range of other price assessments covering the entire globe. Support Feb 1, 2024 · The LPG prices have witnessed an increase of Rs1. 00MT from a month ago to USD 620. 9% due to rising supply, traders said. E +97143308491 182786 Jun 28, 2024 · Saudi Arabia Fuel Prices: Retail: LPG data was reported at 0. Saudi Aramco LPG CP per MT Prediction for January, 2024 against December, 2023 CP by considering C3:C4 (40:60) after 22nd Dec, 2023. Mar 21, 2022 · Until the earnings call, Aramco had not revealed much about its plans to achieve the capacity expansion. It is the international price benchmark set at the beginning of each month by Saudi Arabia’s state - owned oil company Saudi Aramco. Jan 31, 2024 · Saudi Aramco sets February propane, butane prices 2024 January 620. 59 in February. This move sent LPG prices tumbling to their lowest point since September 2023, marking a reduction of 8 months low during this timeframe. May 8, 2024 · 17, New Eskaton, Shamshuddin Mension, Level-7, Dhaka-1217, Bangladeh +88 01955 667700; service@innotechenergybd. This stayed constant from the previous number of 0. LPG prices according to Saudi Arabia Aramco slashed May propane prices, This is the second month of reduction in a row, sending the latest prices to the lowest levels since September 2023. Therefore, the local fuel prices for January 2024 are based on refined fuel imports made by fuel companies in December 2023. Jan 3, 2012 · Aramco's CPs, which sets the price of LPG lifted from the Saudi Arabianports of Yanbu, Ras Tanura and Ju'aymah under long-term supply contracts, arekeenly watched by market participants as they tend to set a base level ofpricing for LPG into most markets east of Suez. Aramco's OSPs for LPG are used as a reference for contracts to supply the product from the Middle East to the Asia-Pacific region. SAUDI ARAMCO Propane prices for FOB Ras Tanura Month Value (DollarTon) Change 2024 January 620. 923 USD — it has risen 0. Saudi Aramco CP price for LPG TotalEnergies cung cấp gas bồn, LPG công nghiệp cho hơn 200 khách hàng tại Miền nam và Miền Bắc . 255 in December. “The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange Saudi Aramco First quarter interim report 2024 First quarter highlights Global market conditions in the first quarter of 2024 improved compared to the previous quarter, driven by increased crude oil prices as a result of lower global oil inventories and higher forecasted demand. 6% compared to December, while Algeria's Sonatrach has reduced OSP for propane by 1. 8-7. . com . 8 kg cylinder (0. 8kg domestic cylinder price has increased by Rs18. Dec 29, 2022 · Saudi Arabian Oil Co. Support Saudi Arabia is a country on the go. Fuel Price Change Factors For more information, call the Department of Energy: Pricing: 840-2187 LPG: 840-2130 Fuels: 840-5669 SMS: (0915) 4469421 Email: oilmonitor@doe. (Saudi Aramco) slashedpropane contract prices for May month-on-month (MoM) by $35 to$580 per ton. Our network of domestic refineries and distribution centers position us to create more value for our company and our customers through greater operational efficiencies and the introduction of new revenue-generating product lines. Mar 31, 2013 · Saudi Aramco has set its April Contract Price for propane at 790/mt, down 105/mt from its March CP, and butane at 835/mt, down 60/mt from March, a company source said Sunday. Tweet Dec 19, 2023 · The LPG prices in the Middle East remained steady for the initial half of December 2023 as Saudi Arabia's Aramco has decided to keep the Official Selling Prices (OSPs) unchanged in December 2023. 1 retail diesel price for 2024 would rise Dec 29, 2023 · Argus Butane (Saudi Aramco) Futures futures price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. (Saudi Aramco) raised its February contract prices by $10 a ton month-on-month (MoM) to $630 a ton. with net income of $27 Billion, free cash flow of $23 Billion, and (4)% gearing Apr 8, 2024 · Therefore, the local fuel prices for February 2024 are based on refined fuel imports made by fuel companies in January 2024. Feb 1, 2023 · MOSCOW - Saudi Arabia's state oil producer Aramco and Algeria's Sonatrach raised February official selling prices for liquefied petroleum gas by 10-34% compared to January amid rising oil prices and limited global LPG supply, traders said. Jan 4, 2024 · Many Saudi-listed companies have warned that an increase in fuel and feedstock prices by Saudi Aramco could affect their finances. Với chính sách đồng hành và hỗ trợ khách hàng, TotalEnergies lắp đặt miễn phí hệ thống bồn gas, LPG công nghiệp, bình công nghiệp cho khách hàng khi có nhu "NGL-PROPANE (SAUDI ARAMCO)-ARGUS INTERNATIONAL LPG " means that the price for a Pricing Date will be that day's Specified Price per tonne of propane for delivery on the Delivery Date, stated in U. 3 days ago · Stock analysis for Saudi Arabian Oil Co (ARAMCO:Saudi Arabia) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Jan 3, 2024 · Saudi Arabia's state oil producer Aramco 6 63WB has raised official selling prices (OSPs) for liquefied petroleum gas (LPG) in January by 1. over the next 12 months, according to a bourse filing Argus Propane (Saudi Aramco) Swap futures price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. Argaam Report: Last Updated Date (28/04/2024) Saudi Arabian Oil Co. YEAR MONTH PROPANE US$ BUTANE US$ 2024 June 580 565 2024 May 580 585 2024 April 615 620 2024 March 630 640 2024 February 630 640 2024 January 620 Jan 31, 2024 · 31/01/2024 Argaam Exclusive Saudi Arabian Oil Co. 4 in January. Jan 1, 2024 · The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. FCCC used the December 2023 Saudi Aramco Butane Contract Price (CP) and November 2023 international freight rates and foreign exchange rate to determine the local LPG product prices for January 2024. 5 +17. Tech Rating. Sep 26, 2012 · Saudi Aramco has sold its first spot LPG cargo for October, which could be its only one for next month, with the price seen as providing some clue on where the Middle East major will set its October Contract Price, traders said Wednesday. 8 kg domestic cylinder price has been set at Rs The new year 2024 started on a surprising note for the equity market as Saudi Aramco sent a notification to various companies informing them of an increase in feedstock and fuel prices on January 3, 2024. Gas Energy Australia publishes the Saudi Contract Price every month. 9 billion, as the company benefits from higher oil prices. vn. Other firms have yet to make similar announcements for the month. 6% compared to December, while Algeria’s Sonatrach Dec 30, 2021 · Term lifters of Saudi Aramco’s LPG cargoes have recommended that the January contract prices be set between $700/mt and $725/mt, and butane about $30/mt to $40/mt below this level. (Saudi Aramco) cut its propane contract prices for January by $60 month-on-month (MoM) to $590 a ton. The oil giant also slashed butane contract prices for January by $45 MoM to $605 a ton. will procure oil and gas tubing worth SR301. New fuel and lpg prices for april 2024. In a statement, the regulator said: “The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. 29, Platts data showed. As compared to the previous month Saudi Aramco-CP has increased by 1. Market insiders, including the Consumers Association of Bangladesh (CAB), termed declaring the new LPG tariff as a means to support Feb 1, 2024 · Therefore, the local fuel prices for January 2024 are based on refined fuel imports made by fuel companies in December 2023. The current price of Argus Propane (Saudi Aramco) Futures is 576. Change % Change. Here is the table of LPG for 2024 and also updated in May. 61%). Nov 1, 2023 · However, the price for butane dropped by $35, settling at $535 per ton. The price for LPG products will increase in May 2024 in the Fijian market and major contributors of LPG product price changes in May 2024 are as follows: a. m. 00MT PGCC: Saudi Aramco maintained propane contract prices for June month on month at $580 per tonne while price for butane was set at $565 a tonne. 119/81 Nguyen Trai street, Ngo Quyen district, Hai Phong city, Vietnam. ph Website: www. 52 with its new price now Rs3,025 and issued a notification of hike in the LPG price while the new price of the LPG, after the issuance of notification, have come into effect across the country. Aramco’s December OSP for propane is $610 per ton, while price for butane has been set at $620 per ton. Sep 1, 2023 · Argus Propane (Saudi Aramco) Swap futures price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. Dec 29, 2021 · Term lifters of Saudi Aramco s LPG cargoes have recommended that the January contract prices be set between $700/mt and $725/mt, and butane about $30/mt to $40/mt below this level. 00 2024 February 630. Jan 4, 2024 · Several Saudi companies have announced that they have received notifications from Saudi Aramco, the leading company on the Fortune 500 Arabia list, that some feedstock prices will be increased starting on January 1, 2024. 950 SAR/l in Jun 2024. The price for LPG products will decrease in June 2024 in the Fijian market and major contributors of LPG product price changes in June 2024 are as follows: a. 00MT in view of the shortest haul to Asian importers by freight calculations. com Jan 2, 2024 · Compared to the previous month, the Saudi Aramco-CP has increased by 1. Saudi Arabia Fuel Prices: Retail: LPG data is updated monthly, averaging 0. Aramco's CPs, which set the price of LPG lifted from the Saudi ports Yanbu, Ras Tanura and Ju'aymah under term supply contracts, are closely watched by the market as they tend to set a base level for LPG pricing Apr 20, 2022 · Saudi Aramco's term nominations for May were estimated at 400,000-450,000 mt, they added, slightly below shipments in April that were estimated above 500,000 mt. 31% in the past 24 hours. View Quotes. Saudi Arabia’s state-controlled Saudi Aramco raised the February propane and butane Contract Prices (CP) by $200/t and $185/t respectively from January to $790/t for both grades. wp zk yq pj ys ge to wi pr mx