Good News: LPG cylinder prices cut by Rs 39.5 for 19kg cylinder

The Indian Oil Corporation, the Bharat Petroleum Corporation and the Hindustan Petroleum Corporation regulated the price of cooking gas in India.

The revision brought some relief to commercial cooking gas users, such as hotels and restaurants.

A single 19-kg commercial cylinder of LPG is now priced at Rs 1,757 in Delhi, Rs 1,868.5 in Kolkata, Rs 1,710 in Mumbai and Rs 1,929 in Chennai.

The price cut announced on Friday is an off cycle change as the rates for commercial LPG cylinders are typically revised on the first day of each month based on the average international price in the preceding month.

But the price of domestic LPG cylinders used in home kitchens were kept unchanged at Rs 903 per 14.2 kgs. This remains unchanged after the announcement on Friday.

On November 16, the cost of commercial LPG cylinders was reduced by Rs 57 after two months of a steep increase in price. In October, the prices had been raised by Rs 209, followed by another increase in November when the price was hiked by Rs 100.