{"id":632714,"date":"2024-02-02T16:37:54","date_gmt":"2024-02-02T11:07:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632714"},"modified":"2024-02-02T16:37:54","modified_gmt":"2024-02-02T11:07:54","slug":"saudi-aramco-and-sonatrach-raised-osps-for-lpg-in-feb-by-1-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-and-sonatrach-raised-osps-for-lpg-in-feb-by-1-2\/","title":{"rendered":"Saudi Aramco and Sonatrach raised OSPs for LPG in Feb by 1-2%"},"content":{"rendered":"<p>Saudi Arabia&#8217;s state oil producer Aramco and Algeria&#8217;s Sonatrach have raised February official selling prices (OSPs) for liquefied petroleum gas (LPG) by 1.6-2.0% versus January due to rising oil prices and increased demand, traders said.<\/p>\n<p>Aramco&#8217;s February OSP for propane was increased by $10 to $630 per metric ton , while its OSP for butane was raised also by $10 to $640 per ton .<\/p>\n<p>Propane and butane are types of LPG with different boiling points. LPG is mainly used as a fuel for cars, heating and as a feedstock for other petrochemicals. Sonatrach raised its February OSP for propane by $10 per ton to $520 , while its OSP for butane was stable at $540 per ton. .<\/p>\n<p>Aramco&#8217;s OSPs for LPG are used as a reference for contracts to supply the product from the Middle East to the Asia-Pacific region. Sonatrach&#8217;s OSPs for LPG are used as benchmarks for the Mediterranean, Black Sea region and Turkey.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia&#8217;s state oil producer Aramco and Algeria&#8217;s Sonatrach have raised February official selling prices (OSPs) for liquefied petroleum gas (LPG) by 1.6-2.0% versus January due to rising oil prices and increased demand, traders said. Aramco&#8217;s February OSP for propane was increased by $10 to $630 per metric ton , while its OSP for butane was raised also by $10 to $640 per ton . Propane and butane are types of LPG with different boiling points. LPG is mainly used as a fuel for cars, heating and as a feedstock for other petrochemicals. Sonatrach raised its February OSP for propane [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-632714","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=632714"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632714\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}