National NewsCommercial LPG prices cut, ATF rates up

Commercial LPG prices cut, ATF rates up

NEW DELHI, AUG 1 (PTI): The prices of commercial LPG were on Saturday cut by a steep Rs 192 per 19-kg cylinder while aviation turbine fuel (ATF) prices were hiked by Rs 5 per litre in line with divergent trends in benchmark rates.
This is the second straight monthly reduction in commercial LPG rates following a Rs 183.5 cut on July 1. In case of ATF, the revision reverses the reduction by a similar proportion that was effected on July 1.
The two reductions in commercial LPG rates on July 1 and August 1 followed the West Asia crisis pushing rates to record highs in June.
Alongside, prices of 5-kg market priced LPG cylinder were cut to Rs 762 from Rs 808.50.
Rates of domestic LPG used in household kitchens remain unchanged at Rs 942 per 14.2-kg cylinder.

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