Daijiworld Media Network - New Delhi

New Delhi, Aug 1: Oil marketing companies have reduced the prices of 19-kg commercial LPG cylinders by up to Rs 209 across major cities, with the revised rates coming into effect from August 1.

According to the latest revision, the price of a 19-kg commercial LPG cylinder has been reduced by Rs 202 in Delhi and Rs 209 in Kolkata. Following the price cut, a commercial LPG cylinder will cost Rs 2,872.50 in Kolkata.

There has been no change in the prices of domestic LPG cylinders.

The latest reduction follows a series of price revisions in recent months. On July 1, oil marketing companies had reduced the price of a 19-kg commercial LPG cylinder by Rs 183.50, bringing its retail price in Delhi down to Rs 2,930. During the same revision, the price of the 5-kg Free Trade LPG (FTL) cylinder was lowered by Rs 13 to Rs 808.50 in the national capital.

Commercial LPG prices have witnessed several revisions this year. In June, the price of 14.2-kg domestic LPG cylinders was increased by Rs 29, raising the retail price in Delhi from Rs 913 to Rs 942.

Earlier, on March 7, oil companies had increased domestic LPG prices by Rs 60 per cylinder, citing disruptions in global energy markets linked to the conflict in West Asia.

In April, commercial LPG cylinder prices were raised by Rs 195.50 across metropolitan cities amid heightened geopolitical tensions in West Asia. Following that revision, a 19-kg commercial cylinder was priced at Rs 2,208 in Kolkata, Rs 2,031 in Mumbai and Rs 2,246.50 in Chennai.

At the beginning of the year, oil marketing companies had also increased the price of a 19-kg commercial LPG cylinder by Rs 111, taking its retail price in Delhi to Rs 1,691.50 from January 1. The price of the 5-kg FTL cylinder was also raised by Rs 27.

Commercial LPG cylinders are primarily used by restaurants, hotels, catering establishments and other businesses, making price revisions significant for operating costs in the hospitality and food service sectors.