LPG Cylinder Price Cut: Only 4 hours are left for the presentation of the General Budget 2025. Even before this, trends of relief have started coming. Actually, the prices of LPG have come down.
Oil marketing companies have cut the price of LPG in 19 kg cylinder by Rs 4 to Rs 7 from February 1, 2025. The special thing is that this is the second consecutive month when LPG prices have come down. OMCs revise the prices of LPG cylinders at the beginning of every month.
On February 1, the rate of LPG gas cylinder has been reduced by Rs 7. However, this is only for consumers of 19 kg commercial LPG cylinder. There has been no change in the price of domestic gas cylinder i.e. 14 kg LPG cylinder from August 1, 2024.
How much did the prices come down
According to HT report, as per the latest rate released by Indian Oil, the price of 19 kg LPG cylinder in Delhi has become Rs 1797 from today, February 1. Earlier in January, the price was Rs 1804.
This time too, there has been no reduction in the price of domestic LPG cylinders. The last reduction in the price of LPG cylinders was in August 2024. In Delhi, a 14 kg LPG cylinder is available for Rs 803. In Lucknow, the price is Rs 840.50, while in Kolkata, Mumbai and Chennai the prices are Rs 829, Rs 802.50 and Rs 818.50 respectively.
The latest price cut in LPG prices has come before the Budget 2025 speech of Finance Minister Nirmala Sitharaman. In such a situation, it is expected that the Finance Minister may revise the excise duty on petroleum products. If the Finance Minister announces any reform related to LPG or other petroleum products, it will be a big relief.
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