Saudi Aramco sets Sept propane price at $350 a tonne

Credit: REUTERS/Hamad I Mohammed

Saudi Arabia's state oil giant Aramco has set its September propane price at $350 a tonne, down from $370 a tonne in August, the company said on Thursday.

DUBAI, Aug 29 (Reuters) - Saudi Arabia's state oil giant Aramco has set its September propane price at $350 a tonne, down from $370 a tonne in August, the company said on Thursday.

The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.

Aramco has set its September butane price at $360 a tonne, unchanged from August.

(Reporting by Asma Alsharif, Editing by Sherry Jacob-Phillips)

((asma.alsharif@thomsonreuters.com; +20225783290; Reuters Messaging: asma.alsharif.reuters.com@reuters.net))

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