New Delhi, July 1: In a significant relief for businesses, commercial LPG prices have been reduced by Rs 183.50 with effect from July 1, while domestic LPG cylinder prices remain unchanged across the country.According to the latest revision by Oil Marketing Companies (OMCs), the price of a 19-kg commercial LPG cylinder in Delhi has been cut from Rs 3,113.50 to Rs 2,930. The reduction is expected to benefit restaurants, hotels, bakeries, caterers, cloud kitchens, roadside eateries, and other businesses that rely heavily on commercial cooking gas.The commercial LPG price cut marks the first reduction this year after multiple consecutive hikes driven by Middle East geopolitical tensions, supply disruptions, and elevated international energy prices. The latest revision is expected to lower operating costs for commercial establishments and provide some relief to the hospitality sector.However, there is no change in domestic cooking gas rates. The price of the standard 14.2-kg domestic LPG cylinder remains unchanged, meaning household consumers will continue to pay the existing rates.Oil marketing companies revise LPG cylinder prices on the first day of every month. While commercial LPG prices are linked to international fuel market trends, domestic LPG prices are also influenced by government policy and subsidy decisions.The latest LPG price update signals easing pressure in global energy markets, although commercial LPG cylinder prices remain higher than levels recorded before this year’s surge in international fuel costs.
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