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On Tuesday, the companies that sell oil cut the prices of industrial LPG petrol cylinders. Prices for commercial 19KG LPG gas cylinders have gone down by 99.75. But the cost of LPG cylinders sold in the country will stay the same.
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The last time that the price of a 19KG commercial LPG cylinder was changed was in July. Prices might be different in each state because of different taxes.
From today on, the retail price of a commercial LPG petrol cylinder in Delhi will be 1,680, according to the reports. Whereas, it will cost Rs.1,802, Rs.1,640, and Rs. 1,852.50 in Kolkata, Mumbai, and Chennai, respectively.
The price of LPG cylinders on the domestic market is affected by the price of crude oil on the foreign market.
Prices for 14.2 kg cylinders of LPG for home cooking have not changed since March 1 of this year. In Delhi, a household LPG cylinder costs 1,103, in Kolkata it costs 1,129, in Mumbai it costs 1,102.50, and in Chennai it costs 1,118.50 without any subsidies.
Prices for LPG are usually changed on the first of every month by Oil Marketing Companies (OMCs) that are run by the government. Depending on the taxes in each state, the price of gas for cooking at home can be different. The price of LPG in the U.S. is affected by the price of crude oil in foreign markets. Starting today, the new rates will be in effect.
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