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Commercial LPG cylinder gets costlier

The price of commercial LPG gas cylinder has been hiked by Rs195.5, several reports said on Wednesday amid global concerns of oil supply and a surge in prices. The price of a 19 kg commercial LPG cylinder will now be Rs2,078.50 in Delhi, news agencies reported, citing state oil companies. While the hike impacts the commercial sector—including hotels, restaurants, and industries—domestic consumers have been spared for the time being. Rates for 14.2-kg domestic cooking gas cylinders remain unchanged at Rs 913 in the national capital, following a Rs 60 increase implemented on March 7. State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices on the first day of every month based on international benchmarks and the exchange rate.


In contrast to the turbulent LPG market, petrol and diesel prices remain frozen across the country. In Delhi, petrol continues to retail at Rs 94.72 per litre, while diesel is priced at Rs 87.62. These fuel rates have seen no movement since a Rs 2 per-litre reduction was announced in March of last year.


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