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OilPriceIran
LPG 7    2024-04-22 - 2024-09-16    (Unit : $/MT)
Exwork
['2024-04-22','2024-04-29','2024-05-06','2024-05-20','2024-06-03','2024-06-10','2024-08-12','2024-09-16']
[524, 490, 490, 445, 445, 424, 435, 465]
Specification : pdf
Request for Purchase : LOI
Description :

LPG stands for Liquefied Petroleum Gas, which is a type of fuel made from a mixture of hydrocarbon gases, primarily propane and butane. It is a clean-burning, low-carbon fuel that is commonly used for heating, cooking, and as a fuel for vehicles.

LPG is produced during the refining of crude oil or from natural gas processing. It is stored and transported as a liquid under pressure, but when the pressure is released, it turns into a gas. This property makes it easier to transport and store than other gases.

LPG has several advantages over other fuels:

- It burns more cleanly than other fossil fuels, producing less air pollution and greenhouse gas emissions.

- It is a versatile fuel that can be used in a wide range of applications, including home heating and cooking, industrial processes, and as a vehicle fuel.

- It is relatively affordable and accessible, particularly in developing countries where access to other forms of energy may be limited.

However, LPG is a non-renewable fossil fuel, and its production and use contribute to greenhouse gas emissions, which can have negative impacts on the environment.

LPG 7
Date Price Change
2024-04-22 524.00 0 %
2024-04-29 490.00 -6.49 %
2024-05-06 490.00 0 %
2024-05-20 445.00 -9.18 %
2024-06-03 445.00 0 %
2024-06-10 424.00 -4.72 %
2024-08-12 435.00 2.59 %
2024-09-16 465.00 6.90 %