Lpg Price

Oil companies cut commercial LPG price by ₹24; new rate effective June 1

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

Commercial LPG cylinders' price slashed by ₹41, domestic rates unchanged

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

Govt cuts natural gas quota for LPG production, diverts to city retailers

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

Commercial LPG prices hiked by Rs 16.5, jet fuel costlier by 1.45%

Jet fuel, or ATF, price on Sunday was hiked by 1.45 per cent and rates of commercial LPG used in hotels and restaurants increased by Rs 16.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. The aviation turbine fuel (ATF) price was increased by Rs 1,318.12 per kilolitre, or 1.45 per cent, to Rs 91,856.84 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. This is the second straight monthly increase in jet fuel prices. Rates were increased by Rs 2,941.5 per kl (3.3 per cent) on November 1. That hike came after two rounds of reduction which had taken the rates to their lowest level this year. ATF price on October 1 was cut by 6.3 per cent (Rs 5,883 per kl) and by Rs 4,495.5 per kl, or 4.58 per cent on September 1. The ATF price in Mumbai was increased to Rs 85,861.02 per kl on Sunday from Rs 84,642.91 previously. Oil firms also increased the price of commercial LPG b

Ahead of festive season, 19 kg commercial LPG price hiked by Rs 48

Ahead of the festival season, oil marketing companies announced a Rs 48.50 hike in 19 kg commercial LPG cylinder prices, effective October 1. The cost of 14 kg domestic LPG cylinders remains unchanged

Commercial LPG rate up by Rs 6.5 per cylinder, jet fuel price hiked 2%

Jet fuel, or ATF price, on Thursday was hiked 2 per cent and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked Rs 1,827.34 per kilolitre, or 1.9 per cent, to Rs 97,975.72 per kl in the national capital, according to a price notification of state-owned fuel retailers. This is second straight monthly increase in jet fuel rates. ATF prices were on July 1 hiked by 1.2 per cent (Rs 1,179.37 per kl). That increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 91,650.34 per kl on Thursday from Rs 89,908.31 previously. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms increased the price of commercial LPG by Rs 6.5 to Rs 1,652.50 per 19-kg cylinder. The increase follows four monthly price reductions, the last on

Cut in LPG prices to revision of tax slabs: Expectations from Budget 2024

All eyes will be on the major announcements made by the finance minister and the government's forward-looking guidance about the overall economy

Commercial LPG cylinder price reduced by Rs 19; Here are the revised rates

A 19 kg cylinder will now costs Rs 1,745.50 in Delhi as against Rs 1,764.50 as of last month

Attractive valuations of city gas distributors after recent price fall

Domestic gas consumption in CGD declined to 26.5 mmscmd in January

Highlights of the day: Naidu-Pawan Kalyan seal alliance with BJP

From govt's decision to cut LPG cylinder prices to Rahul Gandhi's poll promises, catch all the latest news from around the world here

Centre allocates Rs 1,650 cr to extend PMUY for 7.5 million LPG connections

Beneficiaries of the Pradhan Mantri Ujjwala Yojana will also receive the first refill and a stove free of cost

Rs 200 LPG price cut on oil companies, Centre unlikely to give subsidy

Bumper earnings in the first five months of the current fiscal and international benchmark coming off its highs will help state-owned oil companies absorb the Rs 200 per cylinder cut in cooking gas LPG prices, sources said indicating there may be no government compensation for that. On Tuesday, the government announced a Rs 200 per cylinder cut in prices of domestic cooking gas to soften the impact of rising inflation on households as well as counter the promise of cheaper LPG made by the Congress party in upcoming assembly elections. This resulted in the price of a 14.2-kg LPG cylinder in the national capital coming down to Rs 903 from Rs 1,103 earlier. For Ujjwala beneficiaries, the price will be Rs 703 after considering the continuing Rs 200 per cylinder subsidy. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) posted bumper earnings in the April-June quarter and the trend is continuing in thereafter,

Commercial LPG prices cut by Rs 100; domestic cylinder rates kept unchanged

No change in domestic LPG cylinder prices

Commercial LPG cylinder prices dip by Rs 83.50, new rates from today

The prices for both commercial and domestic LPG cylinders are revised on the first day of every month

Q4 results: Petronet LNG profit slips 18% to Rs 614 cr, revenue up 24.3%

Company recorded highest ever turnover of Rs 59,899 Cr in FY23, up 39%

ATF rates reduced by 2.45% on heals of falling international oil prices

Price of commercial LPG, one which is used by business establishments like hotels and restaurants, on Monday was cut by a steep Rs 171.5 per cylinder and rates of jet fuel (ATF) were reduced by by 2.45 per cent on softening international oil prices. A 19-kg commercial LPG now costs Rs 1,856.5 in the national capital, down from Rs 2,028, according to price notification from state-owned fuel retailers. This is the second straight monthly reduction in commercial LPG prices. Rates were cut by Rs 91.5 per 19-kg cylinder on April 1. The two reductions, however, haven't neutralised the Rs 350.5 per cylinder hike in prices effected from March 1. Domestic cooking gas LPG prices remained unchanged at Rs 1,103 per 14.2-kg cylinder in the national capital. Domestic LPG rates were last changed on March 1, when they were hiked by Rs 50 per cylinder. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revised cooking g

Commercial LPG cylinder prices slashed by Rs 171.50; to cost Rs 1856.50

From today a 19kg commercial LPG cylinder will be priced at Rs 1856.50 from today

LPG subsidy limited, Rs 200 dole for Ujjwala beneficiaries: Official

"There was no subsidy for LPG users since the early days of Covid. Since then the only subsidy is one which had been introduced now for Ujjwala beneficiaries," Oil Secretary Pankaj Jain said.

Price of commercial LPG cylinders reduced by Rs 102.50 starting Jan 1

Domestic LPG cylinder price has been left unchanged

LPG price hike will lead to shutting down of household kitchens: CPM

The CPI(M) accused the union government of cutting down on subsidies provided for common people and said it has 'written off' corporate tax worth over a lakh crores