Centre raises commercial LPG prices by ₹993 amid ongoing global energy crisis

Newsdeskteam
2 Min Read

NEW DELHI: The Centre on Friday raised the price of 19 kg commercial LPG cylinders by ₹993 across the country, according to news agency ANI citing sources. There has been no change in domestic LPG cylinder rates.

Following the hike, a 19 kg commercial cylinder will now cost ₹3,071.50 in Delhi. The increase comes amid wider concerns over India’s energy supply, especially as tensions in West Asia fuel fears of possible disruptions in global oil routes.

The Indian Oil Corporation (IOC) said that retail prices of petrol, diesel, and domestic LPG (14.2 kg cylinders) remain unchanged, effectively shielding household consumers from the recent surge in international fuel prices.

“No change in prices of domestic LPG (14.2 kg) for 33 crore consumers. No change in ATF prices for domestic airlines (scheduled operations),” IOC stated.

It further added that nearly 80% of petroleum products have seen no price revision, ensuring stability for most consumers. However, prices of bulk and commercial LPG cylinders — accounting for less than 1% of total consumption — have been revised, along with an upward adjustment in bulk diesel and ATF for international airline operations.

At the same time, about 4% of petroleum products have seen a price reduction, reflecting the dynamic nature of global market trends, it added.

The company said these steps highlight a calibrated and balanced approach by oil marketing companies (OMCs), under the guidance of the Ministry of Petroleum and Natural Gas, to stay aligned with global price movements while safeguarding domestic consumers and maintaining economic stability. (Agency)

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