The Karnataka State Hotels Association (KSHA) has urged the Central Government to slash commercial LPG cylinder prices, which have nearly doubled in recent months.
The Association cited a sharp decline in global crude oil prices, with international crude oil prices now at around USD 70 per barrel, roughly the same level as in February.
Hotels and restaurants are now paying ₹3,198 per commercial LPG cylinder, almost double what they were paying a few months ago.
The Association has requested that the government reduce prices accordingly, bringing the price of commercial LPG cylinders back to the February level from July onwards.
