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Given the price of oil has no bearing on the price of LPG why have LPG prices been rising lately?

April 26, 2017bearing given LPG Oil price prices Rising

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Given the price of oil has no bearing on the price of LPG why have LPG prices been rising lately?

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While it is true that there is no direct link between the price of oil and the price of liquefied petroleum gas (LPG), LPG is subject to some the same factors that affect the price of oil – such as supply and demand; international contracts; fluctuating currency market etc.