LPG Price

Fuel curbs were withdrawn and LPG prices fell as energy pressures eased, but softer PMI readings, a wider fiscal deficit and inflation risks kept policy concerns alive

From higher rural wages and cheaper commercial LPG to new RBI rules, EV incentives, passport fees and tax deadlines, here are the key changes taking effect from July 1

Commercial LPG prices have been reduced by ₹183.50 as fuel supplies improve after the West Asia crisis, but there is no change in domestic LPG cylinder prices

Maharashtra Chief Minister Devendra Fadnavis on Sunday rejected the Opposition's criticism over fuel and gas price hike, attributing the fluctuation in rates to the Iran-US conflict. He said Prime Minister Narendra Modi has deftly handled the situation and taken steps to contain fuel costs even as petrol, diesel and gas prices skyrocketed in other countries. The Opposition has criticised the Central government over the rise in prices of essential commodities. Earlier in the day, NCP (SP) chief Sharad Pawar said the government would pay a "political price" as frequent hikes in essential commodities were burdening the common man. "The whole world knows the situation of war, and no country remains untouched. In every country, petrol, diesel and gas prices are high. In India, the Prime Minister has done a lot to contain the prices. I feel that as long as the war situation remains like this, some things will continue, but we have also seen before that prices had fallen, so when demand a

The price of a 14.2-kg LPG cylinder in Delhi will rise to ₹942 from ₹913 with effect from June 7

Prices of 5 kg FTL (Free Trade LPG) cylinders have been increased by ₹11, and will cost ₹821.50 in Delhi

The steep hike in 19 kg commercial LPG prices from May 1 marks the third increase since late February, raising costs for eateries and businesses, while petrol, diesel remain steady

Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in Delhi. 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. Global oil prices have shot up almost 50 per cent after the war in West Asia disrupted energy supply chains. Petrol and diesel prices continue to remain frozen after a Rs 2 per-litre reduction in March last year; petrol currently costs Rs 94.72 per litre in Delhi and diesel Rs 87.62.

To strengthen the grievance redressal mechanism, a dedicated 24x7 LPG control room has been set up at the Mini Secretariat

An LPG vessel Nanda Devi arrived at Kandla port early Tuesday, safely crossing the Strait of Hormuz, offering some relief amid ongoing supply concerns

Finance Minister Nirmala Sitharaman said supply remains steady, citing economic resilience and policy measures

Commercial LPG cylinders are selling at up to three times the usual price, while wood and coal costs have jumped 50-100%, forcing Delhi-NCR caterers to cancel orders or absorb losses

LPG refill bookings have declined to about 77 lakh from 88.8 lakh earlier, indicating some easing of panic buying, even as the government said there is no shortage of petrol, diesel or cooking gas, and supplies remain stable despite the West Asia conflict. In a daily update on the impact of the West Asia situation, the government said the share of online LPG bookings has risen to about 87 per cent from 84 per cent, attributing the increase to a campaign by oil marketing companies promoting digital booking and discouraging people from queuing up at LPG dealerships for panic purchases. All domestic "refineries are operating at high capacity and maintaining adequate crude oil inventories," the update said. "The country remains self-sufficient in the production of petrol and diesel, requiring no imports of the fuels to meet domestic demand." Oil marketing companies have reported no dry-outs at fuel retail outlets or LPG distributorships, and petrol, diesel and LPG supplies are being ...

The conflict in West Asia is no longer just a distant geopolitical crisis. Across India, restaurants and hotels are running out of cooking gas, menus are shrinking, and some eateries are shutting down

The prices of domestic LPG and commercial cylinders were hiked by a steep Rs 60 and Rs 114.5, respectively, amid rising energy costs linked to the West Asia conflict. Non-subsidised LPG, the one that common household users other than the Ujjwala beneficiaries use in their kitchens, will now cost Rs 913 per 14.2-kg cylinder in Delhi as against Rs 853 previously, according to the Indian Oil Corporation (IOC) website. This is the second increase in prices in less than a year. Industry officials said the increase follows a steep rise in global energy prices since the breakout of military conflict in West Asia. Despite the price increase, cooking gas in India is priced at the lowest when compared with neighbouring countries, they said. The price increase, the website showed, is effective from March 7. This is the second increase in rates in 11 months. Prices were last hiked by Rs 50 in April last year. In Mumbai, non-subsidised LPG now costs Rs 912.50, Rs 939 in Kolkata and Rs 928.50

Oil marketing companies have increased the price of the 19 kg commercial LPG cylinder by up to ₹15 starting October 1

Oil firms cut the price of 19-kg commercial LPG cylinders by ₹33.50 effective August 1, in a major relief to eateries and small businesses. Domestic 14.2-kg cylinder price, however, remains unchanged

Oil companies have reduced the price of 19 kg commercial LPG cylinders by ₹24, bringing the new rate to ₹1,723.50 from June 1, offering slight relief to businesses across the country

The previous revisions came on 1 March, when commercial LPG prices were hiked by ₹6 after a reduction of ₹7 in February

The government has slashed allocation of natural gas used for LPG production, and diverted the low-priced fuel to city gas retailers like Indraprastha Gas Ltd and Adani-Total Gas Ltd to meet a part of their requirement for CNG/piped cooking gas supplies, according an official order. The government had in October and November last year cut supplies of low-priced natural gas coming from old fields such as Mumbai High and Bassein fields in the Bay of Bengal, to city gas retailers by as much as 40 per cent in view of limited output. This led to city gas retailers hiking CNG prices by Rs 2-3 per kg and threatening more increases as they replaced lost volumes with higher-priced input fuel. The price hike made CNG less attractive when compared to alternate fuels like diesel. To resolve this, the Ministry of Petroleum and Natural Gas in a December 31 order rejigged some allocations of gas produced from below ground and undersea. The ministry ordered a cut in gas supplied to state-owned GAI