“Commercial LPG Cylinder Prices Increased by ₹16.5, Domestic Rates Unaffected”
In a move impacting businesses across the country, oil marketing companies have announced a price hike for commercial LPG gas cylinders. Effective immediately, the price of a 19 kg commercial LPG cylinder has been raised by ₹16.50, bringing the retail price in Delhi to ₹1,818.50.
In a move impacting businesses across the country, oil marketing companies have announced a price hike for commercial LPG gas cylinders. Effective immediately, the price of a 19 kg commercial LPG cylinder has been raised by ₹16.50, bringing the retail price in Delhi to ₹1,818.50.
This marks the second consecutive month of price increases, following last month’s ₹62 hike for the same cylinder. Additionally, the prices of 5 kg Free Trade LPG cylinders have seen an increase of ₹4.
Impact on Businesses
The price revision is expected to strain commercial establishments, including restaurants, hotels, and small businesses, which heavily rely on LPG for their daily operations. The hike comes amid a volatile global market, with fluctuating international energy prices driving these adjustments.
Relief for Households
While the hike adds pressure to commercial users, households relying on domestic LPG cylinders can breathe a sigh of relief as domestic rates remain unchanged.
The decision reflects ongoing efforts by oil marketing companies to balance global price shifts while attempting to minimize the impact on consumers. However, the recurring hikes in commercial LPG prices continue to be a challenge for sectors reliant on the fuel.
Sources By Agencies
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