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Commercial LPG cylinders' price slashed by ₹83.5; Check latest prices

LPG cylinder prices: After the latest revision, the LPG price in New Delhi has been cut by ₹83.50 to ₹1,773/cylinder from ₹1,856.50/cylinder.

Published on: Jun 1, 2023, 09:07:28 IST
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A commercial Liquefied Petroleum Gas (LPG) cylinder in India is now cheaper by ₹83.5, according to the monthly price revision for LPG cylinders on June 1, posted on the official website of Indian Oil. However, the price of 14.2-kg domestic gas cylinders that are used in households for cooking, remains unchanged.

Prices in major cities:

The price of 19 kg commercial cylinders has been slashed by  ₹83.5 in Delhi. (File)
The price of 19 kg commercial cylinders has been slashed by ₹83.5 in Delhi. (File)

After the latest revision, the LPG price in New Delhi has been cut by ₹83.50 to ₹1,773/commercial cylinder from ₹1,856.50/commercial cylinder. Last month the price of commercial LPG cylinder was slashed by ₹172, whereas domestic cylinder prices remained unchanged.

The price of commercial cylinders in Kolkata is now ₹1875.50. The price of commercial gas cylinders for Mumbai has come down to ₹1725. In Chennai, it's now ₹1937.

Monthly revision of LPG prices:

State run Oil Marketing Companies (OMCs) 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. Crude oil prices in international markets impact domestic LPG prices. The new rates will be applicable from today.

Domestic gas cylinder prices:

The rate of domestic LPG cylinders was last revised in 2022. It was hiked four times last year with a cumulative rise of ₹153 - ₹50 in July, ₹50 and ₹3.50 in May and ₹50 in March.

 
ABOUT THE AUTHOR
Shobhit Gupta

By giving the opinions of the uneducated, journalism keeps us in touch with the ignorance of the community. News Editor with 3 years of experience in the digital news world. If not on desk, you can find me wandering for the unexplored places.

Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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