Oil marketing companies have raised the price of 19 kg commercial LPG cylinders by ₹39, effective from Sunday. Following the hike, the retail price of a 19 kg commercial LPG cylinder in Delhi now stands at ₹1,691.50.
This price adjustment comes after previous reductions earlier this year.
On July 1, companies had cut the price of the 19 kg cylinder by ₹30, lowering the retail price to ₹1,646 in an effort to provide relief to businesses and commercial enterprises.
Prior to that, on June 1, the price was reduced by ₹69.50, bringing the cost to ₹1,676. On May 1, a further reduction of ₹19 per cylinder was implemented.
The monthly adjustments in LPG cylinder prices reflect the dynamic nature of the market, influenced by factors such as international oil prices, taxation policies, and supply-demand dynamics.
While the specific reasons for the recent increase have not been disclosed, it is clear that oil marketing companies are responding to broader economic conditions and market trends.
Follow us
