1 week ago
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Oil marketing companies on Tuesday reduced the price of 19-kg commercial LPG cylinders by ₹183.50, bringing the retail price in Delhi down to ₹2,930 per cylinder with effect from July 1.
The companies have also lowered the price of the 5-kg Free Trade LPG (FTL) cylinder by ₹13. Following the latest revision, the retail price of a 5-kg FTL cylinder in the national capital stands at ₹808.50, sources said.
Latest cut follows months of revisions
The reduction in commercial LPG prices comes after a series of revisions over the past few months.
In June, domestic LPG prices were increased by ₹29 per cylinder, taking the price of a 14.2-kg domestic LPG cylinder in Delhi to ₹942 from ₹913.
Before that, oil companies had raised LPG prices by ₹60 per cylinder on March 7 amid disruptions in global energy markets linked to the conflict in West Asia.
Commercial LPG rates had risen in April
Commercial LPG prices had also seen a sharp increase in April, when oil marketing companies raised rates by ₹195.50 across metropolitan cities amid tensions in West Asia.
Following the hike, the price of a commercial LPG cylinder was revised to ₹2,208 in Kolkata, ₹2,031 in Mumbai and ₹2,246.50 in Chennai.
Earlier in January, oil companies had increased the price of a 19-kg commercial LPG cylinder by ₹111, taking the retail price in Delhi to ₹1,691.50. At the same time, the price of the 5-kg FTL cylinder was raised by ₹27 with effect from January 1.
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