The oil marketing companies have made adjustments to the prices of commercial LPG gas cylinders, with a notable decrease in the cost of 19 kg commercial cylinders. Effective from Wednesday (May 1), the price of these cylinders has been reduced by Rs 19. Consequently, the retail sales price for a 19 kg commercial LPG cylinder now stands at Rs 1,745.50 in Delhi.
Price cut in April
Last month, the price was cut by Rs 30.50 for a 19-kg commercial cylinder at Rs 1764.50. The Opposition, led by the Congress, has often taken potshots at the BJP-led ruling National Democratic Alliance (NDA) at the Centre for failing to rein in fuel prices and its ripple effect on the prices of essential food items and other commodities.
Possible reasons behind price cut
While the precise reasons behind the price decrease remain undisclosed, various factors, such as changes in international oil prices, shifts in taxation policies, and supply-demand dynamics, likely contribute to such adjustments. Revisions for both commercial and domestic LPG cylinders typically occur on the first day of each month.
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