LPG Cylinder: Will there be a difference in the price of a gas cylinder from September 1? There will be difference in the prices of domestic gas

Newz Fast, New Delhi: In such a situation, people's eyes are fixed on the prices of LPG cylinders. From September 1, many things can be changed.

Rising inflation in the country is bothering the general public a lot. In such a situation, the month of September of the year 2022 has also come. As it happens at the beginning of every month, there is an increase or decrease in the new prices of some things.

In such a situation, people's eyes are fixed on the prices of LPG cylinders. From September 1, many things can be changed.

Rates are fixed on 1st of every month
Let us tell you that LPG gas cylinders are used in every household and on the 1st of every month companies fix new rates of their products, now it is being estimated whether there will be any change in the prices of LPG cylinders from 1st September. Can get it?

The change in prices happened on August 1 last month
It is noteworthy that last month i.e. on August 1, the prices of LPG cylinders were changed. In fact, on August 1, a drop of Rs 36 was recorded in the prices of commercial gas cylinders. However, there was no change in the prices of domestic LPG gas cylinders.

How are the prices of LPG cylinders decided?
LPG prices are determined by using the import import price formula. Prices are then applied after including exchanger, freight, oil company profits, insurance, customs duty, port expenses, etc.

So will the prices change from 1st September?
Actually, the jump in product prices depends on the crude oil price. At present, there has been some increase in the price of Brent crude. In such a situation, it is being speculated that the oil marketing companies are not expected to reduce the price.

But, some changes can be made in the prices of LPG domestic gas cylinders. Because there has been no change in the prices of domestic gas cylinders for a long time. Prices have been stable for a long time.

From this, experts are speculating that the prices can be changed on 1st September. However, it is very difficult to do right now whether the prices will rise or fall.