The Kuwait Petroleum Corporation (KPC) announced today, Sunday, the new prices for liquefied petroleum gases (propane) and (butane) for the current month of March. In a statement to the Kuwait News Agency (KUNA), the corporation stated that one metric ton of propane will be sold for $615 during March, while one metric ton of butane will be sold for $605.

Liquefied petroleum gases (propane) and (butane) are used in the petrochemical industry, as well as for other purposes such as cooking fuel, heating, and various other applications. The prices of liquefied gas are influenced by global oil prices, rising and falling in tandem, as oil prices are a key determinant of these materials' costs. Additionally, prices are affected by supply and demand dynamics in the market, along with other factors.