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EquityWireIOC ups 19-kg commercial LPG cylinder price by 6.50 rupees in Delhi

IOC ups 19-kg commercial LPG cylinder price by 6.50 rupees in Delhi

This story was originally published at 14:38 IST on 1 August 2024
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Informist, Thursday, Aug 1, 2024

 

MUMBAI – Indian Oil Corp Ltd today raised the price of 19-kg cylinders of commercial liquefied petroleum gas by 6.50 rupees to 1,652.50 rupees in Delhi, as per information available on the company's website. In July, the oil marketing company cut the price of 19-kg commercial liquefied petroleum gas cylinders by 30 rupees to 1,646 rupees in Delhi.

 

Prices across key metros of Delhi, Kolkata, Mumbai, and Chennai have been raised 0.4-0.5%, with the reduction in prices ranging 6.50-8.50 rupees.

 

The price of 19-kg commercial liquefied petroleum gas cylinders is now 1,605 rupees in Mumbai. In Chennai, the cylinder is now priced at 1,817 rupees, and in Kolkata, the price of the cylinder is 1,764.50 rupees.

 

The other two public sector fuel retailers--Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd--usually follow Indian Oil in price revisions. At 1251 IST, shares of Indian Oil Corp were 1.9% lower at 178.30 rupees on the National Stock Exchange.  End

 

Reported by Anjali Singh

Edited by Akul Nishant Akhoury

 

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