LPG Cylinder Price Hike: Oil Marketing Companies Increase Price of 19 Kg Commercial LPG Gas Cylinder by INR 39 in Delhi
Earlier on July 1, in a move to offer relief to businesses and commercial enterprises, oil marketing companies had announced a reduction in the prices of commercial LPG gas cylinders.
New Delhi, September 1: Oil marketing companies have increased the rate of 19 kg commercial LPG gas cylinders by Rs 39, effective from Sunday. After the hike, the retail sales price of a 19 kg commercial LPG cylinder in Delhi is Rs 1,691.50.
Earlier on July 1, in a move to offer relief to businesses and commercial enterprises, oil marketing companies had announced a reduction in the prices of commercial LPG gas cylinders. LPG Price Hike: 19kg Commercial Gas Cylinder Rate Increased by Rs 7 to Rs 1,780 in Delhi; Check Rates in Other Metro Cities.
The price of the commercial LPG cylinder of 19 Kg was slashed by Rs 30. Consequently, the new retail sales price of a 19 kg commercial LPG cylinder in Delhi was Rs 1646.
On June 1st, the rate of 19 kg commercial LPG cylinders was reduced by Rs 69.50 in Delhi, bringing the retail sales price down to Rs 1676. Prior to that, on May 1, 2024, there was a reduction of Rs 19 per cylinder. The frequent adjustments in LPG cylinder prices at the start of each month reflect the dynamic nature of the market. Gas Price Hike Today: Commercial LPG Gas Cylinder Price Hiked by Rs 7, No Change in Cost of Domestic LPG Cylinders.
Various factors, such as international oil prices, taxation policies, and supply-demand dynamics, play a significant role in these pricing decisions. Although the exact reasons behind the recent price changes have not been disclosed, it is evident that the oil marketing companies are responsive to the broader economic conditions and markets.
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