Business News | OMCs Hike Commercial Gas Cylinder Price by Rs 25

New Delhi [India], January 1 (ANI): The oil marketing companies (OMCs) on Sunday raised the price of commercial liquid petroleum gas (LPG) cylinders by Rs 25 with immediate effect on the first day of the New Year 2023. The decision of the OMCs will pinch the pocket of those who dine out at restaurants, hotels, orders, etc.

With this price hike, a 19-kg commercial cylinder in Delhi will cost Rs 1,769, Rs 1,721 in Mumbai, Rs 1,870 in Kolkata and Rs 1,971 in Chennai. However, there would be no change in the prices for domestic LPG.

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OMCs increased domestic cylinder prices last time on July 6, 2022.

Prices were hiked four times during last year. These oil marketing companies, for the first time in the year, had increased domestic gas prices by Rs 50 in March 2022, and consequently raised it by Rs 50 and Rs 3.50 in May. Finally, it hiked the prices of domestic cylinder by Rs 50 in July last year. (ANI)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)