In the video, the prices of commercial LPG cylinders rise before the festive season

Petroleum businesses have raised the prices of commercial LPG cylinders from today before the festive season begins. Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil Corporation (IOCL) announced this decision. Below is the price of 19 kg of commercial cylinder with Rs 15. In Rajasthan, a 19 kg commercial cylinder will now be available for Rs 1623. This change has come into effect for cylinders used for commercial use. At the same time, there was no change in the prices of domestic use cylinders, giving the ordinary citizens relief. According to petroleum businesses, this increase in the prices of commercial LPG cylinders was mainly due to the increase in international prices, transport costs and production expenses of crude oil. Companies have made it clear that the purpose of keeping the price of domestic cylinders stable is to protect the general public from inflation and reduce the burden on the domestic budget during festivals. Experts believe that the demand for LPG in food and commercial activities during festivals is increasing significantly, so this type of price increase is applied to common trade cylinders. He also said that ongoing subsidy on domestic cylinders provides relief to ordinary citizens, while commercial users have to pay the price according to market rates. This will have a direct impact on hotels, restaurants and catering companies in Rajasthan. Professional users will now have to spend more amount than before. Even before that, commercial cylinders prices had an increase in festivals and a great demand. It is by the government and petroleum businesses ensures that there will be no increase in the prices of domestic cylinders. This means that citizens who use LPG in homes are still relieved. At the same time, business units must adjust this increase in their costs. Analysts believe that if crude oil prices rise further in the international market, the price of commercial cylinders could rise further in the future. Therefore, commercial users are advised to make their budget plan in advance. This time the festive season may be more expensive than before, but the stability of prices is a relief to domestic users. Petroleum businesses also said in their statement that they are constantly monitoring the market situation and taking appropriate steps if needed. In short, commercial LPG cylinders became expensive during festivals, now a 19 kg cylinder will be available in Rajasthan for Rs 1623, while the price of domestic cylinders remains stable. This will mainly affect the hotel and catering business, although there will be no major economic pressure for ordinary citizens.