USD 89.7026

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EUR 97.0954

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Brent 81.84

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Natural gas 2.773

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Propane

Its an alkane with the chemical formula C3H8. As a type of hydrocarbon, it can undergo hydrocarbon combustion, which gives off heat

Propane

Propane is one of the hydrocarbon components of raw natural gas, which is a type of fossil fuel.
Its usually removed from natural gas before being shipped to customers, but is also sold separately as a fuel on its own.

Propane is produced as a by-product of 2 other processes, natural gas processing and petroleum refining.
Natural gas plant production of propane involves removing it and other gases (e.g., butane) to prevent these liquids from causing problems in gas pipelines.
When oil refineries make gasoline and heating oil, some propane is also produced as a by-product of those processes.

Propane is normally in a gaseous state during consumption.
Propane gas is nontoxic, colorless and virtually odorless; an identifying odor is added so it can be detected.
However, it is normally stored as a liquefied propane gas in tanks.
Propane has one of the highest energy densities (50.3 MJ/kg) of any hydrocarbon, 2nd only to methane.

Propane is a hydrocarbon commonly used in domestic settings.
It is normally seen in appliances such as barbecues, patio heaters and camping stoves.
It is also used in the synthesis of organic chemicals, in the manufacture of ethylene, as a refrigerant and as an extractant.