Oil marketing companies have announced a reduction in the prices of commercial LPG cylinders, effective from Saturday. The price cut applies to 19 kg commercial LPG cylinders, which are extensively used in restaurants, hotels, and other businesses.

With the latest revision, the cost of a 19 kg commercial LPG cylinder in Delhi has been reduced by Rs 7, bringing the retail price down to Rs 1,797. Similar reductions are expected in other cities, though exact figures vary based on local taxes and transportation costs. While this decrease is marginal, it offers some relief to businesses relying on LPG for daily operations.

Impact on Businesses

The price adjustment is expected to benefit commercial establishments such as hotels, eateries, and small enterprises that use LPG cylinders extensively. Given the high operating costs in the food and hospitality industry, even minor price fluctuations can have a significant impact on expenses.

Oil companies frequently revise LPG prices based on global crude oil trends and other influencing factors. In December, commercial LPG prices were increased by Rs 62, affecting business costs. The latest price cut aligns with ongoing fuel price adjustments in response to volatile international market conditions.

Domestic LPG Prices Remain Unchanged

While commercial LPG prices have been revised, domestic LPG cylinder rates remain unchanged. This provides some relief to households, as fluctuations in cooking gas prices directly impact consumers.

The latest price revision offers a slight but notable reduction in commercial LPG rates, aiding businesses struggling with operational costs. However, fluctuations in fuel prices remain a concern, making it essential for businesses to plan accordingly amid changing global market dynamics.