Commercial LPG cylinder price cut by Rs 24, new rates effective from June 1

Oil companies have reduced the price of 19 kg commercial LPG cylinders by Rs 24, effective June 1, bringing the retail price to Rs 1,723.50. This follows an earlier reduction in April. While commercial rates fluctuate based on global factors, domestic LPG cylinder prices remain stable, offering slight financial relief to businesses.
Commercial LPG cylinder price cut by Rs 24, new rates effective from June 1
NEW DELHI: Oil companied on Saturday reduced the price of 19 kg commercial LPG cylinders by Rs 24, effective from June 1. The retail price for a 19 kg commercial LPG cylinder now stands at Rs 1,723.50.Earlier on April 1, commercial LPG cylinder prices saw a reduction of Rs 41.The oil companies conduct regular LPG price revisions considering global crude oil rates and various market factors. The prices of domestic LPG cylinders used in household cooking remain stable in this update.Whilst commercial LPG rates have changed and domestic cylinder prices remain unchanged. The cost of LPG differs across states, influenced by regional taxes and transport expenses. Although modest, the reduction offers some financial relief to businesses throughout the country.
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