Commercial LPG cylinder prices reduced by Rs 7 with effect from today

Oil marketing companies have revised the prices of commercial LPG gas cylinders on February 1.

The rate of 19 kg commercial LPG gas cylinders has been reduced by Rs 7 with effect from today. In Delhi, the retail sale price of a 19 kg commercial LPG cylinder is Rs 1,797 from today as against the earlier price of Rs 1,804.

The OMCs -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) -- revise the price of cooking gas at the beginning of every month.

OMCs take into account tweaks in international oil prices, tax norms and supply-demand factors while revising prices every month.