Price Falls: 19 Kg Commercial Cylinder Price Declines, Check Latest Prices Here

The leading oil marketing companies (OMCs) in India have decided to cut the price of 19 kg commercial cylinders and 5 kg Free Trade LPG (FTL) cylinders, as per a report published in ANI.

The price cut is reportedly at Rs 30.50 for 19-kg commercial cylinders. Beginning from today, the price of 19-kg commercial cylinders in Delhi will be Rs 1764.50. Meanwhile, price of 5 kg FTL cylinders has come down too by Rs 7.50.

The announcement of decline in prices came after two back-to-back price rises in February and March in 2024. Earlier, prices were declined on the eve of New Year 2024 by Rs 39.50 for 19-kg commercial cooking gas cylinder.

The change has come after OMCs declared a surge in commercial liquefied petroleum gas (LPG) gas cylinder prices on March 1. Leading state-run OMCs raised the cost of 19 kg commercial LPG gas cylinders by RS 25 effective from March 1.

Revision in prices take place amid the ongoing fluctuations in fuel prices and market changes.

State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) often revise cooking gas prices on the 1st of every month on the basis of average gloabl price in the earlier month.