Oil marketing companies slash commercial LPG cylinder prices by Rs 30

Oil marketing companies on Monday announced a further reduction in the price of 19 kg commercial liquefied petroleum gas (LPG) cylinders. Effective immediately, the cost has been decreased by Rs 30, bringing the new price to Rs 1,646 in Delhi.

In Kolkata, the price of 19 kg LPG cylinders is Rs 1,756, last month it was Rs 1,787 in June. In Mumbai the price is Rs 1,598, down from Rs 1,629 and Chennai is Rs 1,809.5, down from Rs 1,840.50.

This latest adjustment continues a trend of price reductions in recent months, aimed at providing financial relief to enterprises, particularly in the food and hospitality industries. On June 1, the price of a 19 kg commercial LPG cylinder was lowered by Rs 69.50, bringing the new price to Rs 1,676. Additionally, on May 1, 2024, a reduction of Rs 19 per cylinder was implemented.