The prices of 19 Kg commercial LPG cylinders have been reduced by Rs 19 by the oil companies. The reduced prices will be effective from May 1.
The price cut is a result of a recent drop in global oil prices, which have decreased for the third consecutive day in a row due to swelling petroleum stocks in the United States. The reduction in oil prices is also associated with an increased possibility of a ceasefire in the Israel-Hamas war.