In Delhi, the retail sale price of a 19 kg commercial LPG cylinder is Rs 1762 from Tuesday.
Earlier, on February 1, the prices of commercial LPG cylinders were reduced by Rs 7.
Meanwhile, oil companies regularly revise LPG prices based on changes in global crude oil rates and other factors. The prices of domestic LPG cylinders, which are used for household cooking, remain unchanged in this revision.
In December, the oil companies increased the rates of 19 kg commercial LPG cylinders by Rs 62. These price adjustments are expected to impact commercial establishments and small businesses that rely heavily on LPG for their operations.
The revision comes as part of a broader trend in fuel price adjustments in response to changing global market conditions, seen in recent days due to volatile international order.
LPG prices vary from state to state, depending on local taxes and transportation costs. Businesses across the country will benefit from the reduced rates, though the change is marginal.
