LPG Cylinder Price Cut: Notably, July is the third consecutive month when the prices of commercial cylinders have come down.
LPG Cylinder Price: Here comes a piece of good news for the consumers. LPG cylinder prices have been slashed by Rs 30 in major cities on Monday. With the beginning of the month, the Oil companies decided to cut the price of 19kg commercial LPG cylinders. However, there is no change in the price of domestic LPG cylinders.
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“Oil marketing companies have revised the prices of commercial LPG gas cylinders. The rate of 19 KG commercial LPG gas cylinder has been slashed by Rs 30 with effect from today, 1st July. In Delhi, the retail sale price of 19kg commercial LPG cylinder is Rs 1646 from today,” news agency ANI reported.
The commercial LPG cylinders price in Delhi will be Rs 1,646 per cylinder, while in Kolkata, the prices will be Rs 1,756 and in Mumbai, the commercial LPG cylinders will be available at Rs 1,598.
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Check City-wise LPG Cylinder Price
LPG Cylinder Price Slashed in June
Last month, India’s state-run oil marketing companies also slashed prices of commercial LPG gas cylinders by around Rs 70, giving much-needed relief to businesses and enterprises. In addition to this, prices of Aviation Turbine Fuel (ATF) were also slashed by 6.5 per cent.
It should be noted that the oil marketing companies has last time reduced he commercial LPG cylinders’ prices on May 1, by Rs 19 per cylinder. The retail sales price of a 19 kg commercial LPG cylinder was available at Rs 1745.50 in Delhi.
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After the prices were revised, the state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) also revised the prices of ATF and cooking gas on 1st of every month based on the average price of benchmark international fuel and foreign exchange rate.