Saudi Aramco reduces August propane, butane benchmarks

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.

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