Domestic LPG cylinder price hiked by Rs 15, now costs Rs 899.50 in Delhi

Oil-marketing companies are moderating price of cooking gas in a bid to maintain affordability, harking back to the days when they were bearing subsidy burden of petro products

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)