Commercial LPG Price Hiked by Rs 993 per 19-kg Cylinder
New Delhi: Commercial LPG price was increased on Friday by the highest ever increase of Rs 993 per 19 kg cylinder; This was the third consecutive monthly increase due to rising global energy prices tied to the West Asian conflict.
The price of 19 kg commercial LPG used by establishments such as hotels and restaurants has now reached a record price of 3,071.5 rupees in Delhi, while it was earlier 2,078.50 rupees.
Prices were last increased by 195.50 rupees per cylinder on April 1. Before this, prices had increased by 114.5 rupees per 19 kg cylinder on March 1.
In three increases, commercial LPG prices increased by Rs 1,303.
The prices of LPG, the domestic cooking gas used in home kitchens, did not change. Domestic LPG prices were last increased by Rs 60 per 14.2 kg cylinder on March 7. Its price in Delhi was Rs 913 per 14.2 kg cylinder.
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 exchange rate.
Global oil prices rose almost 50 percent after war in West Asia disrupted energy supply chains.
Petrol and diesel prices remain frozen after a fall of Rs 2 per liter in March last year; Petrol currently costs Rs 94.72 per liter in Delhi and diesel costs Rs 87.62.
