Price of commercial LPG, one which is used by business establishments like hotels and restaurants, on Monday was cut by a steep Rs 171.5 per cylinder and rates of jet fuel (ATF) were reduced by by 2.45 per cent on softening international oil prices.
A 19-kg commercial LPG now costs Rs 1,856.5 in the national capital, down from Rs 2,028, according to price notification from state-owned fuel retailers.
This is the second straight monthly reduction in commercial LPG prices.
Rates were cut by Rs 91.5 per 19-kg cylinder on April 1. The two reductions, however, haven’t neutralised the Rs 350.5 per cylinder hike in prices effected from March 1.
