Customers who are suffering from excessive fuel prices would be much relieved by OMCs' announcement that the cost of commercial LPG cylinders will be reduced starting from today, Tuesday, November 1.
State-backed oil marketing companies (OMCs) have raised the prices of a 14.2kg domestic cylinder by Rs 50 per cylinder whereas prices of 5 kg domestic cylinder were raised by Rs 18 per cylinder.
LPG cylinder becomes costlier by Rs 266, check out price in Delhi, Mumbai and other cities - The price of 19 kg commercial cylinders in Mumbai is now Rs 1,950 as against its previous price of Rs 1,683.
LPG cylinder rate expected to rise by Diwali, Rs 90 hike in price since July - Petroleum companies say that the difference between the cost of an LPG cylinder and the retail selling price has widened to over Rs 100 per cylinder.