Commercial LPG prices cut by Rs 41, no change in domestic rates
Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders by Rs 41, effective from Tuesday. The new price in Delhi is Rs 1762. However, there is no change in the rates for domestic LPG cylinders used for household cooking. This price cut will benefit commercial establishments relying on LPG for their operations.
New Delhi [India], April 1 (ANI): Starting Tuesday, oil marketing companies have declared a Rs 41 decrease in the prices of 19 kg commercial LPG gas cylinders.
Starting today in Delhi, the retail price for a 19 kg commercial LPG cylinder is Rs 1762.
Earlier, on February 1, the prices of commercial LPG cylinders were reduced by Rs 7.
Meanwhile, oil companies regularly revise LPG prices based on changes in global crude oil rates and other factors. The prices of domestic LPG cylinders, which are used for household cooking, remain unchanged in this revision.
In December, the oil companies increased the rates of 19 kg commercial LPG cylinders by Rs 62. These price adjustments are expected to impact commercial establishments and small businesses that rely heavily on LPG for their operations.
The revision comes as part of a broader trend in fuel price adjustments in response to changing global market conditions, seen in recent days due to volatile international order.
This price revision will directly impact restaurants, hotels, and other commercial establishments that utilise these cylinders for daily operations.
Despite the increase in commercial LPG prices, there has been no change in domestic LPG cylinder rates, offering some relief to households.
LPG prices vary from state to state, depending on local taxes and transportation costs. Businesses across the country will benefit from the reduced rates, though the change is marginal. (ANI)