RIYADH: Saudi Aramco has reduced its official selling prices for liquefied petroleum gas for August 2025.

The state energy giant on Thursday set propane at $520 per tonne and butane at $490 per tonne — both down $55 from July.

The cuts reflect rising global production, particularly from the US and other Middle Eastern producers, and persistently high inventories following a milder-than-expected 2024-25 winter.

LPG, which includes propane and butane, is widely used for residential heating, cooking, transportation, and petrochemical feedstocks. Aramco’s monthly prices serve as a benchmark for exports from the Gulf to Asia, the world’s largest consuming region.

The price drop comes as warmer summer weather continues to curb seasonal demand for heating fuels. At the same time, global energy prices have come under pressure.