There is good news for restaurants, hotels, and other commercial establishments across the country. Namely, oil marketing companies have reduced the price of a 19 kg commercial LPG cylinder by Rs. 24. These revised prices have come into effect from june 1, 2025. This will provide significant relief to businesses that rely heavily on 19 kg LPG cylinders for their daily operations.
Third consecutive monthly price cut: This marks the third consecutive monthly reduction in commercial LPG prices. Earlier in May, public sector oil companies had reduced the price of a 19 kg commercial LPG cylinder by Rs. 14.50. Earlier, on april 1, it was reduced by Rs. 41 per cylinder. This consecutive price cut shows a positive trend in controlling costs for businesses.

New prices of 19 kg commercial LPG cylinder in major cities: After today's price cut in Delhi, the current price is Rs. 1,723.50. Similarly, it is Rs. 1,826 in Kolkata, Rs. 1,674.50 in Mumbai, and Rs. 1,881 in Chennai. These prices may vary slightly from state to state as local taxes and transport charges vary.

No change in domestic cylinder prices: In this price revision, there is no change in the price of 14.2 kg domestic LPG cylinders used for home cooking. The price of these cylinders was last increased by Rs. 50 on april 8, 2025. It was said at the time that the increase in global crude oil prices following US President Donald Trump's trade announcements was the reason for this. State-owned oil companies oil CORPORATION' target='_blank' title='indian oil corporation-Latest Updates, Photos, Videos are a click away, CLICK NOW'>indian oil corporation (IOC), bharat petroleum corporation limited (BPCL), and hindustan petroleum corporation limited (HPCL) revise the prices of aviation turbine fuel (ATF) and cooking gas on the first day of every month. These revisions are based on average international benchmark fuel prices and fluctuations in foreign exchange rates. Although the reduction is modest, it provides a certain amount of financial relief to businesses across the country. This will help small and medium enterprises (SMEs) in particular to reduce their operational costs.
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Sowmiya Sriram

02/06/2025 09:36 AM