From October 1, 2024, oil marketing companies have raised the price of commercial LPG cylinders by Rs 48.50. The price hike will directly affect restaurants, hotels, and other small businesses that rely heavily on commercial LPG gas cylinders for daily operations.
Oil marketing companies have reduced prices for 19 kg commercial cylinders and 5 kg FTL (Free Trade LPG) cylinders, effective April 1, 2024, just before the Lok Sabha elections.
As the crude oil rates rise in the international market, the Oil marketing companies increased the price of petrol by 10 paise per litre in Delhi, Kolkata, Mumbai and Chennai, though there has been no change in the price of diesel for the second consecutive day.
New Delhi: Rating agency Fitch Monday said government may have to shift part of the soaring oil subsidy bill of the current financial year to the next fiscal.The government had allocated Rs 65,000 crore for
Mumbai, July 30: Led by HPCL, shares of oil marketing companies today slumped by as much as 11.3 per cent as the rupee breaching the 60-level against US dollar triggered concerns that import of crude
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