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Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
LPG cylinders in India Liquefied petroleum gas tank on a rural farm. Predominantly in Europe and rural parts of many countries, LPG can provide an alternative to electric heating, heating oil, or kerosene. LPG is most often used in areas that do not have direct access to piped natural gas. In the UK about 200,000 households use LPG for heating.
The heating value depends on the source of gas that is used and the process that is used to liquefy the gas. The range of heating value can span ±10 to 15 percent. A typical value of the higher heating value of LNG is approximately 50 MJ/kg or 21,500 BTU/lb. [2] A typical value of the lower heating value of LNG is 45 MJ/kg or 19,350 BTU/lb.
Protests and blockades by Polish lorry drivers at border crossings to Ukraine have curbed imports of motor vehicle gas (LPG) into Ukraine, causing a 30% rise in domestic prices, an analyst said on ...
Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed November 15, 2024. Accessed November 15, 2024. CME FedWatch Tool , CME Group.
The refinery mostly produced petrol and diesel, along with jet fuel, bitumen and liquid petroleum gas (LPG). [2] Australia's refineries have experienced declining gross margins for several years, mainly due to competition from foreign refineries, an oversupply of refining capacity in Asia, and the high cost of transporting crude oil to ...
Analysts cut the price target on BP p.l.c. (NYSE:BP) following the company’s third quarter results reported on Tuesday. BP’s revenue fell short at $47.25 billion, below the $52.56 billion ...
Autogas or LPG is liquefied petroleum gas (LPG) ... In 2022, LPG prices fell down since January to 16-17 ₽ per litre, or even till 11-12 ₽ in some regions.