India, July 1 -- Oil marketing companies on Tuesday reduced the price of 19-kg commercial LPG cylinders by Rs.183.50, bringing the retail price in Delhi down to Rs.2,930 per cylinder with effect from July 1.

The companies have also lowered the price of the 5-kg Free Trade LPG (FTL) cylinder by Rs.13. Following the latest revision, the retail price of a 5-kg FTL cylinder in the national capital stands at Rs.808.50, sources said.

The reduction in commercial LPG prices comes after a series of revisions over the past few months.

In June, domestic LPG prices were increased by Rs.29 per cylinder, taking the price of a 14.2-kg domestic LPG cylinder in Delhi to Rs.942 from Rs.913.

Before that, oil companies had raised LPG prices by Rs.60 per ...