New Delhi. The prices of a 19 kg commercial LPG cylinder used by hotels and restaurants have been cut by Rs 83.5.
Along with this, the prices of aviation fuel (ATF) have also been reduced by seven percent amidst softening of international crude oil prices. This is the third consecutive month when commercial LPG prices have come down.
According to the notification issued on Thursday by public sector petroleum companies, now the price of 19 kg commercial cylinder in the national capital has come down from Rs 1,856.5 to Rs 1,773. Earlier on April 1, the price of 19 kg cylinder was Rs 91.5 and on May 1 was reduced by Rs.171.5. The increase of Rs 350.5 in cylinder prices since March 1, after three cuts, has almost been fully compensated.
The price of a 14.2 kg cylinder for domestic use has been retained at Rs 1,103. Earlier, the price of domestic LPG was increased by Rs 50 on March 1. Public sector petroleum companies… Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) revise LPG prices on the 1st of every month based on the average international price of the previous month. makes amendments.
With this, the price of aviation fuel ATF has been reduced by seven percent. Now the price of jet fuel in Delhi has come down by Rs 6,632.25 per kiloliter to Rs 89,303.09 per kiloliter. This is the fourth consecutive monthly cut in jet fuel prices. Earlier, prices were cut by 4 per cent (Rs 4,606.50 per kl) on March 1, 8.7 per cent (Rs 9,400.68 per kl) on April 1 and 2.45 per cent (Rs 2,414.25 per kl) on May 1.
PC:Newsaroma
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