Saudi Aramco raises LPG OSPs by up to 3% for June, Sonatrach cuts prices by 18% and 31%

Saudi Aramco raised June official selling prices for liquefied petroleum gas by 1% to 3%, while Algeria's Sonatrach cut prices by 18% to 31% amid higher supply in the Mediterranean market. The moves point to divergent regional LPG pricing trends driven by supply conditions rather than a broader demand shock.

Analysis

Saudi Aramco raised June official selling prices for liquefied petroleum gas by 1% to 3%, while Algeria's Sonatrach cut prices by 18% to 31% amid higher supply in the Mediterranean market. The moves point to divergent regional LPG pricing trends driven by supply conditions rather than a broader demand shock.