Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged

Oil marketing companies generally revise the LPG prices on the first day of every month. The prices of domestic cooking gas vary from state to state depending on local taxes.

Prices of commercial LPG cylinders have been slashed by Rs 83.50 to Rs 1,773 per unit of 19 kg with immediate effect. However, there has been no revision in domestic cylinder prices.

Oil marketing companies generally revise the LPG (liquefied petroleum gas) prices on the first day of every month. Domestic cooking gas prices vary from state to state depending on local taxes. Last month, petroleum and oil marketing companies slashed the price of commercial LPG cylinders by Rs 171.50.

In April, too, their prices were reduced by Rs 91.50 per unit. Petroleum and oil marketing companies had on March 1 this year hiked the prices of commercial LPG cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit.

The prices of the commercial cylinders were reduced the last time on September 1 last year by Rs 91.50. On August 1, 2022, the prices of commercial LPG cylinders were also reduced by Rs 36. Prior to that, on July 6, rates for the 19-kilogram commercial cylinder were cut by Rs 8.5 per unit. (ANI)

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