Noida, May 1 (APAC Media): Commercial LPG cylinder prices were increased by an average Rs 993 effective immediately on Friday, according to industry sources, taking the cost of a 19 kg cylinder in the national capital to Rs 3,071.50.
There was no change in domestic LPG prices, with the 14.2 kg household cylinder continuing to cost Rs 913 in Delhi, Indian Oil officials indicated.
The revision follows a series of monthly adjustments by oil marketing companies, which typically review fuel and cooking gas rates at the start of every month.
“Commercial LPG cylinder prices have been increased by Rs 993 from today. In Delhi, a 19 kg commercial cylinder will now cost Rs 3,071.50. There is no change in domestic LPG cylinder prices,” ANI reported.
In April, commercial cylinder prices had already been raised by Rs 196 across metro cities, while domestic LPG rates were increased by Rs 60, marking a continuation of recent upward revisions.
The price of 14.2-kg domestic LPG cylinders has been left unchanged by the government, providing relief to households amid recent fluctuations in global fuel markets, officials said.
Oil marketing companies usually reassess and update LPG rates at the beginning of each month based on international pricing trends.
The latest increase comes amid heightened global energy market volatility, with reports pointing to tensions in West Asia and concerns over supply routes such as the Strait of Hormuz.
Officials said fuel pricing decisions are influenced by international crude oil trends, currency movements and supply chain risks and are revised periodically by oil marketing firms in line with global benchmarks.
Market watchers noted that the sharp rise in commercial LPG rates is likely to impact small businesses, hotels, restaurants and other commercial users who depend heavily on cylinder-based fuel for daily operations.
However, domestic consumers remain insulated for now, as household LPG prices were kept unchanged despite broader volatility in global energy markets and geopolitical uncertainties.
India, which imports a significant portion of its crude oil and liquefied petroleum gas requirements, remains exposed to international price swings, making monthly revisions a standard practice for oil companies.
Analysts said that while geopolitical tensions can create short-term spikes in energy prices, domestic pricing mechanisms in India often smooth out volatility for household consumers, though commercial segments face immediate pass-through effects.
The situation will continue to be monitored as global crude markets react to supply risks and shipping route concerns, with oil marketing companies expected to announce further updates in upcoming monthly price revisions depending on international benchmarks and domestic demand conditions going forward as developments unfold in markets.
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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