Oil marketing companies have increased the price of 19 kg commercial LPG cylinders by ₹39, effective Sunday, raising the retail price in Delhi to ₹1,691.50. This follows previous reductions, including a ₹30 cut on July 1, which brought the price down to ₹1,646, and a ₹69.50 decrease on June 1, setting the price at ₹1,676. The adjustments in LPG prices reflect market dynamics influenced by international oil prices, taxation, and supply-demand factors. While specific reasons for the recent hike weren’t disclosed, the frequent price changes highlight the companies’ responsiveness to broader economic conditions.
