The price of commercial use gas cylinder has been reduced by Rs.96.00. The price has been reduced for the 5th time in the last 5 months.
Oil companies fix the price of cooking gas cylinders for domestic use and cooking gas cylinders for commercial use. Crude oil prices are determined based on changes in international crude oil prices.
Due to the Ukraine-Russia war, the price of crude oil has gone up and the price of petrol, diesel, and cooking gas cylinders have gone up manifold. Now that the price of crude oil has started to fall, the price of products made from it has also started to fall.
Thus, the price of cooking gas cylinders for commercial use has come down. The price of a 19 kg cylinder has come down by Rs.96.00. As a result, its price decreased from Rs.2,141 to Rs.2,045. The price of a commercial cylinder has been reduced for the 5th time since May 19. Meanwhile, there has been no change in the price of the cylinder used for cooking at home.