LPG price revised: Cylinder rates decreased by Rs 58 from today, check details

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New Delhi: Oil marketing companies have revised the prices of commercial LPG gas cylinders. The rate of 19 kg commercial LPG gas cylinders has been reduced by Rs 58.50, effective from today. In Delhi, the retail sale price of a 19 kg commercial LPG cylinder is Rs 1665 from July 1. There is no change in the prices of 14.2 KG domestic cylinders.

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 utilize 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.

Also Read: LPG Price Revised: Commercial Cylinder Rates Decreased By Rs 24 From June 1 

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