CHENNAI: The oil companies on May 1 announced that the price of commercial LPG gas cylinder has decreased by Rs 19 in Chennai.
Accordingly, 19kg of commercial LPG gas cylinders will now be sold for Rs 1,911 in Chennai.
The domestic cylinder price remains stable and is sold at Rs 818.50 for a 14kg cylinder in Chennai.
Additionally, the Central government permits the oil companies to use the current crude oil price on the global market to determine the pricing of petrol and diesel.
Similarly, the oil companies themselves determine the price of LPG gas cylinders based on the global market on a monthly basis.