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Aramco Raises Propane and Butane Prices for October as Oil and Demand Rise

English versionالعربية

Saudi Aramco has raised its official selling prices for liquefied petroleum gas (LPG) for October 2026, reflecting higher global oil prices and strong demand for fuel and petrochemical feedstocks.

October prices

According to Reuters on October 1, 2026, Aramco raised the price of propane by $55 per metric ton to $680, while increasing the price of butane by $70 to $730 per ton.

Key benchmark for Asian markets

Aramco’s official propane and butane prices are used as a benchmark for LPG supply contracts from the Middle East to the Asia-Pacific region, so their movements are closely watched by energy and petrochemical companies.

Why did prices rise?

The increase came amid rising global oil prices and growing demand, alongside relatively tighter energy supplies. LPG is used for heating, as vehicle fuel and as a feedstock in chemical industries.

Source: Reuters, October 1, 2026 — https://www.reuters.com/business/energy/saudi-aramco-sonatrach-raise-lpg-prices-october-2026-10-01/

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