Hope for cheaper cooking gas on global prices fall

Cooking gas on display in Nairobi's Pipeline Estate on August 20, 2023.  

Photo credit: File | Dennis Onsongo | Nation Media Group

Global prices of cooking gas have dropped to the lowest level in more than two years amid increased production, giving hope of affordable supplies of the commodity in Kenya.

Data from Trading Economics —a global markets data firm — shows prices of propane, commonly referred to as liquefied petroleum gas (LPG), stood at $0.694 (Sh103) per gallon on Wednesday.

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