New Delhi [India], May 1 (HBTV): The Centre on Friday increased the price of 19 kg commercial LPG cylinders by INR 993 across the country, according to reports citing sources.
There is no change in domestic LPG cylinder prices. A 19 kg commercial cylinder will now cost INR 3,071.50 in Delhi.
The price increase comes amid broader discussions around India’s energy supply situation, particularly as tensions in West Asia raise concerns about potential disruptions in global oil routes.
Indian Oil Corporation said that the retail prices of petrol, diesel, and domestic LPG (14.2 kg cylinders) have remained unchanged, insulating domestic consumers from the recent increase in international fuel prices.
'No change in prices of domestic LPG (14.2 kg) for 33 crore domestic LPG consumers. No change in ATF prices for domestic airlines (scheduled operations),' IOC said.
'Overall, approximately 80% of petroleum products have witnessed no change in prices, ensuring stability for the majority of consumers. Prices of bulk and commercial LPG cylinders (less than 1% of total consumption) have been revised. Prices of bulk diesel and ATF for international airline operations have been adjusted upward. At the same time, around 4% of petroleum products have seen a downward revision, reflecting the dynamic nature of global price movements,' it added.
It said the measures reflect a calibrated and balanced approach adopted by oil marketing companies, under the guidance of the Ministry of Petroleum and Natural Gas, to align with global market trends while protecting domestic consumers and ensuring economic stability.
(Inputs from Times of India)