Commercial Gas Cylinder Prices in Chennai Reduced by Rs. 70.50 Following Global Oil Market Trends!
Posted on: 01/Jun/2024 8:49:44 AM
The cost of a 19 kg commercial gas cylinder in Chennai has been reduced by Rs. 70.50, now priced at Rs. 1,840.50. This cut follows the Union Government`s policy allowing oil companies to adjust prices based on global crude oil fluctuations, with revisions happening bi-monthly.
On May 1st, the cylinder was priced at Rs. 1,911. The recent reduction reflects changes in the international oil market.
Meanwhile, domestic cylinder prices remain unchanged at Rs. 818.50, reviewed monthly for household consumers.
This adjustment is anticipated to ease financial burdens on businesses reliant on commercial gas, aligning costs with global oil trends.
