Hyderabad, Oct 1 (Maxim News): The rate of commercial LPG used in hotels and restaurants was hiked by Rs. 48.5 per 19 kg cylinder in the monthly revision done in line with international oil price trends.
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Oil companies increased the price of commercial LPG by Rs. 48.5 to Rs. 1,740 per 19 kg cylinder. This is the third straight monthly increase. Prices were hiked by Rs. 6.5 per cylinder on August 1 and by Rs. 39 on September 1.
Commercial LPG now costs Rs. 1,692.50 per 19 kg cylinder in Mumbai, Rs. 1,850 in Kolkata, and Rs, 1,903 in Chennai.
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The rate of cooking as used in domestic households, however, remained unchanged at Rs. 803 per 14.2 kg cylinder. State-owned Indian Oil Corporation (IOC) Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise prices of ATF and cooking gas on the first of every month based on the average price of benchmark international fuel and foreign exchange rate.
Prices of petrol and diesel continue to remain frozen. Rates had been cut by Rs. 2 per liter in mid-March. Petrol costs Rs. 94.72 a litre in Delhi while diesel is priced at Rs. 87.62 (Maxim News)
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