Petrol and diesel prices held steady across metro cities on September 1, while the price of commercial liquefied petroleum gas (LPG) cylinder were reduced, the latest price notification issued by fuel retailers showed.
Commercial LPG cylinder rates were slashed by Rs 91.50 with effect from today. Now, a 19 kg commercial LPG cylinder will cost Rs 1,885, instead of Rs 1,976 in Delhi.
The price of a commercial LPG cylinder is reduced by Rs 91.50 with effect from today. Now, a 19 kg commercial LPG cylinder will cost Rs 1,885, instead of Rs 1,976 in Delhi— ANI (@ANI) September 1, 2022
State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have not raise petrol and diesel prices for almost five months now despite rising international oil prices.
A moderation in international oil prices has helped Indian fuel retailers to break even on petrol and domestic cooking gas LPG but they continue to lose money on diesel, the most used fuel in the country. Read More
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