January 1, 2015

LPG price cuts by Rs 113 per cylinder and jet fuel price slashed by 4.1%

Price of non-subsidized cooking gas (LPG) was today cut by a steep Rs 113 per cylinder and that of jet fuel (ATF) by 4.1 per cent as international oil rates slumped to multi-year lows.

A 14.2kg cylinder of non-subsidized LPG will now cost Rs 752, down from Rs 865 previously, in Delhi, oil companies announced on Monday.

This is the fifth straight reduction in rates of non-subsidized or market priced LPG, which the customers buy after exhausting their quota of 12 cylinders at subsidized rates, since August.

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