Rising tensions in West Asia are affecting LPG shipments to India; Trump warns Iran over the Strait of Hormuz as oil prices swing and fears of wider energy supply disruption grow
The Congress on Saturday attacked the government over the rise in prices of domestic LPG cylinders and asked why the people of the country were being made to bear the consequences of Prime Minister Narendra Modi's foreign policy "failures". In a post on X, Congress president Mallikarjun Kharge said the price of domestic LPG cylinders has been hiked by Rs 60 and claimed that a profit of Rs 115 is earned in commercial LPG. "First, the benefits of lower international prices were snatched from the public. Now, the people who are already burdened due to inflation are being made to sweat. The Modi government, which boasts 'sab changa si' (all is well) when war breaks out, is helpless in providing adequate oil-gas, fertilizer," he said. Congress spokesperson Supriya Shrinate said the Modi government had earlier said that there was sufficient supply and the America-Israel-Iran war would have no impact on the country's energy security. But then, in one swift move, they hiked LPG prices, she
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
Regulator's study is based on a scenario where 10% of diesel vehicle owners opt for LNG
Price of aviation turbine fuel (ATF), or jet fuel, was reduced by 7.3 per cent on Thursday, while commercial LPG rate was raised by Rs 111 per cylinder, as state-owned oil marketing companies implemented their monthly price revisions aligned with global fuel benchmarks. ATF price in Delhi was cut by Rs 7,353.75 per kilolitre, or 7.3 per cent, to Rs 92,323.02 per kl, according to state-owned fuel retailers. Commercial LPG rates were hiked by Rs 111 per 19-kg cylinder in line with global benchmarks. Commenting on the increase in price of commercial LPG cylinders, a statement issued by the Oil Ministry said the price of commercial LPG cylinders is market-determined and linked to international benchmarks. "Accordingly, revisions in commercial LPG prices reflect movements in global LPG prices and associated costs. The prices of domestic LPG remain unchanged," it added. India imports about 60 per cent of its LPG requirement, and domestic LPG prices are therefore linked to international
With the latest price hike, the price of a 19-kg commercial cylinder in Delhi has now jumped to ₹1,691.50, whereas in Mumbai, it has increased from ₹1,531.50 to ₹1,642.50
India's natural gas consumption declined 7.5 per cent in January-October 2025 to 56,760 MMSCM, as prolonged monsoons reduced power demand and cheaper alternate fuels drew users away, PPAC data show
Indian refiners will also issue some spot tenders for purchase of US LPG for deliveries early next year, the sources said. Details are not yet available
The petroleum ministry has approved 25 lakh new LPG connections under Ujjwala for FY26, taking the total to 10.58 crore, with Rs 676 crore earmarked for connections and subsidies
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 firms cut 19-kg commercial LPG price by ₹58.50 from July 1, bringing relief to eateries and small businesses. Domestic 14.2-kg cylinder price however remains unchanged
OMCs hold 45 days inventory priced at around $75 per barrel crude
The price of a 14.2-kg LPG cylinder will rise from ₹803 to ₹853 for general consumers, and from ₹503 to ₹553 for Ujjwala scheme users
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
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
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 prices for July have been further cut by Rs 30, after being reduced by Rs 70 in June. Its aimed at providing relief to enterprises in the food and hospitality industries
Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices. Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers. The reduction follows a marginal 0.7 per cent (Rs 749.25 per kl) increase on May 1. The ATF rate in Mumbai was slashed to Rs 88,834.27 per kl from Rs 95,173.70. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms also cut the price of commercial LPG by Rs 69 to Rs 1,676 per 19-kg cylinder. This is the third straight monthly reduction in rates. The price was on May 1 reduced by Rs 19 per cylinder and by Rs 30.5 on April 1. Rate of cooking gas used in domestic households, however, remained unchanged at Rs 803 per 14.2-kg cylinder. April 1 saw th
The average LPG consumption of PMUY consumers has increased by 29% from 3.01 refills in 2019-20 to 3.87 refills (till January 2024) prorated for 2023-24
Commercial cooking gas (LPG) prices were on Friday cut by Rs 39.50 per 19-kg cylinder in line with softening international benchmarks. However, the price of domestic LPG -- used in household kitchens for cooking purposes -- remained unchanged at Rs 903 per 14.2-kg cylinder. Commercial LPG -- used in various establishments such as hotels and restaurants -- will now cost Rs 1,757 per 19-kg cylinder in the national capital as against Rs 1,796.50, oil firms said in a price notification. State-owned oil firms last hiked the price of commercial LPG by Rs 21 on December 1. Commercial LPG will now cost Rs 1,710 per 19-kg cylinder in Mumbai, Rs 1,868.50 in Kolkata, and Rs 1,929 in Chennai. Rates differ from state to state based on incidence of local taxation. Saudi contract price (CP), the benchmark used for pricing of LPG, has softened in the last few weeks' oversupply concerns. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum ...