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Saudi Aramco, Sonatrach raise LPG official selling prices for November, say sources

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Reuters. (2026, October 30). Saudi Aramco, Sonatrach raise LPG official selling prices for November, say sources. The Hindu. https://www.thehindu.com/news/international/saudi-aramco-sonatrach-raise-lpg-official-selling-prices-for-november-say-sources/article71644828.ece

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The Hindu · collected 2026-10-30 · by Reuters

Quick Summary

Saudi Aramco raised official selling prices for liquefied petroleum gas (LPG) in November by 5.9% to 6.8%, increasing propane prices by $40 a metric ton to $720 and butane by $50 a ton to $780, according to traders on October 30, 2026. Similarly, Algeria's Sonatrach increased LPG prices for the same month by 23% to 40%, setting new propane and butane OSPs at $825 and $1,050 per ton respectively. These price hikes reflect higher seasonal demand and constrained supply in global markets.
Written by AI on 2026-10-31, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

As of October 30, 2026, Saudi Aramco raised its official selling prices (OSPs) for liquefied petroleum gas (LPG), increasing propane prices by $40 a metric ton to $720 and butane prices by $50 a ton to $780 for November. The increase reflects seasonally higher demand and limited global LPG supply. Similarly, Algeria's Sonatrach lifted its OSPs more significantly, with propane increasing by $155 a ton to $825 and butane by $300 a ton to $1,050 for the same month. These benchmarks are crucial as they serve as references for contracts supplying LPG from West Asia to the Asia-Pacific region (for Saudi Aramco) and the Mediterranean and Black Sea regions, including Turkey (for Sonatrach). Propane and butane, both types of LPG with different boiling points, are primarily used as fuel in cars, heating systems, and petrochemical feedstocks.

Written for “LPG Price Hike Announced” on 2026-10-31, grounded in this article and the 0 other(s) covering the same event.
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No political leaning scored for article 117172 · logged 2026-10-31

Story

📰 LPG Price Hike Announced
Economy/Business · 1 article(s) covering the same event.

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Claims extracted
5
sentences that state something as happening or true
Uncertain
0%
0 of 5 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
77/100
The Hindu's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-10-31 · how these are computed

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The Hindu · 719 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)

Who wrote this

Reuters
786 article(s) here · 0 carrying a prediction
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Also by Reuters
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Topics

Algeria Saudi Arabia's Saudi Aramco Saudi Aramco's Sonatrach

Subjects

Sonatrach ORG · 3× Saudi Aramco's ORG · 2× Algeria GPE · 1× Saudi Arabia's GPE · 1× Saudi Aramco ORG · 1× Turkey GPE · 1×

Narrative

Saudi Aramco's November OSPs increased by $40 a metric ton to $720 a ton for propane and by $50 a ton to $780 a ton for butane. Propane and butane are types of LPG with different boiling points. LPG is mainly used as fuel for cars, heating, and as a feedstock for other petrochemicals.
framing: assertive · carried by 1 article(s) · first seen 2026-10-31

Claims (5 extracted, 0 hedged)

Saudi Arabia's state oil producer Saudi Aramco has raised official selling prices for liquefied petroleum gas by between 5.9% and 6.8% for November due to seasonally higher demand and limited LPG supply on global markets, traders said on Friday (October 30, 2026). asserted
traders → raise → Friday
Algeria's Sonatrach lifted LPG prices for November by between 23% and 40%, the traders said. asserted
traders → lift → %
Saudi Aramco's OSPs are used as a reference for contracts to supply LPG from the West Asia to the Asia-Pacific region while Sonatrach's OSPs are used as benchmarks for the Mediterranean and Black Sea region, including Turkey. asserted
OSPs → use → Turkey
Saudi Aramco's November OSPs increased by $40 a metric ton to $720 a ton for propane and by $50 a ton to $780 a ton for butane. Propane and butane are types of LPG with different boiling points. LPG is mainly used as fuel for cars, heating, and as a feedstock for other petrochemicals. asserted
LPG → increase → petrochemicals
Sonatrach increased its November propane OSP by $155 a ton to $825 and for butane by $300 a ton to $1,050. asserted
Sonatrach → increase → 1,050
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