Oil marketing companies announced on Saturday that commercial LPG gas cylinder prices will be reduced 24 June to 24, Retail Bail Price 1723.50.
In Delhi, 19 kg commercial LPG cylinder will now have retail price 1,723.50.
In April, the price of commercial 19 kg LPG gas Cylinder Was reduced to 1,762. Prices were also reduced 7 in February but hike again On March 6, 2025.
Prices for domestic LPG domestic cylinders remained unchanged.
The new price adjustment will be positive news for small businesses along with commercial installations, including restaurants, hotels, and others, which greatly rely on the LPG for their operations.
In India, about 90 percent of LPG consumption is used for domestic cooking, while the remaining 10 percent are used in industrial, commercial and motor vehicle areas.
LPG prices will vary from state to state depending on local taxes and transport costs.
Gas prices are the same
BJP -led central government increased the price of LPG domestic cylinder 50 in March after the increase in global crude oil prices due to tariff declared by US President Donald Trump,
India’s policy states that the price of natural gas produced in the country is 10 percent raw basket. The average cost of the Indian crude basket in May 2025 increased to $ 64.5 per barrel, the lowest in three years.
The loss of LPG by oil marketing companies is expected to decrease by about 45 percent in the financial year 2026 if crude oil prices remain stable at $ 65 per barrel.
In the last ten years, the number of domestic LPG consumers has doubled, reaching around Rs 33 crore by 1 April, 2025.
