New Delhi: Oil marketing companies change the prices of gas cylinders on the first date of every month. In this month, oil marketing companies have amended the prices of commercial LPG gas cylinders. Its effect is also seen on common people. Today, from June 1, oil companies have cut the price of 19 kg commercial LPG cylinder by Rs 24. This deduction will be applicable from 1 June. The retail price of 19 kg commercial LPG cylinder is now Rs 1,723.50. Oil companies regularly modify the global crude oil rates and various market factors.
Good news for business establishments
Explain that commercial LPG cylinders are usually used in commercial installations. It mainly includes hotels, restaurants and other commercial establishments, where commercial LPG cylinders are used. Businessmen will benefit from cutting the price of commercial cylinders. The cost of commercial cylinders will reduce their cost. At the same time, there will be less right but positive effect on business. The reduction in prices will reduce the operational costs of these businesses slightly. This will give them some financial relief. This will benefit not only businessmen but also common people.
Price is amended every month
Let us know that at the beginning of every month, the repeated adjustment in the prices of LPG cylinders shows the dynamic nature of the market. Various factors such as international oil prices, taxation policies and supply-mong dynamics play an important role in these pricing decisions. Although the exact reasons behind recent value changes have not been revealed, it is clear that oil marketing companies are responsible for comprehensive economic conditions and markets.
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