Kuwait Petroleum Corporation (KPC) announced in a press statement on Thursday its November prices for Propane and Butane gas.
The price of the metric ton of Propane is set at USD 610, down USD 125 per metric ton. The price of metric ton of Butane is set at USD 600, down USD 165 per metric ton, it stated.
Propane and Butane prices are affected by price of crude oil, and the value of the US dollar, along with geopolitical factors and natural disasters.
The two gases are used in the petrochemical industry, in cooking, in heating, and other areas.