Good News! Market price of LPG cylinders cut by Rs 133

New Delhi: NP NEWS 24 ONLINE-  The common people facing the problem due to the high rates of LPG cylinders as well as petrol and diesel, but government oil companies have given huge relief to the general public by making reductions in the prices of LPG cylinders.

Country’s largest oil marketing company Indian Oil, reduces the prices of non-subsidized LPG cylinder by Rs 133. At the same price of subsidized cylinders has been cut by Rs 6.52. The new rate will apply to the whole country from midnight on December 1.

Customers of Delhi will have to pay Rs 809.50 for 14.2 kg cylinders. Earlier it was worth 942.50 rupees. The price of subsidized cylinders was Rs 507.42, which will now get Rs 500.90.

Cost cutting for the first time since May :

Oil companies were continuously hiking the price of domestic gas from May. Meanwhile, the companies had increased prices 7 times. Due to the fall in crude oil prices at international level and rupee becomes stronger against the dollar, that is why oil companies have taken this decision.

After smaller reduction in petrol and diesel prices, this reduction also gives big relief to the common  people. Especially, middle and lower class people was suffering more due to this inflation.