 "Domestic LPG cylinder price hiked by Rs 15, now costs Rs 899.50 in Delhi")
The price of a domestic (14.2 kg) Liquefied Petroleum Gas (LPG) or cooking gas cylinder has been hiked by Rs 15 apiece on Wednesday. After the price revision, a domestic cylinder now costs Rs 899.50 in the national capital. A similar price revision was implemented across the country.
Public-sector oil-marketing companies (OMCs) are moderating the price of cooking gas in a bid to maintain affordability effectively, harking back to the days when they were bearing the subsidy burden of petroleum products.
According to executives in the know, IndianOil, Hindustan Petroleum, and Bharat Petroleum are holding back liquefied petroleum gas (LPG) price hikes by around Rs 100 for a domestic cylinder.
The price of a commercial (19 kg) LPG cylinder was hiked earlier this month by Rs 43, taking its cost to Rs 1,736 apiece.
LPG, petrol and diesel prices have been moving upwards due to global cues such as sustained tightening of crude oil supplies by Organization of the Petroleum Exporting Countries (OPEC) and its allies.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%