Kuwait Petroleum Corporation Announces LNG Prices for September

The Kuwait Petroleum Corporation announced the new prices for liquefied petroleum gas (propane) and butane for September 2026. The corporation stated that one metric ton of propane will be sold at $625 in September, while one metric ton of butane will be sold at $660. Liquefied petroleum gases, including propane and butane, are used in the petrochemical industry, as well as in other applications such as cooking and heating fuels. The prices of liquefied petroleum gas fluctuate with global oil prices, which serve as a key determinant of these materials’ prices, and are also influenced by market supply and demand dynamics and other factors.