Published • loading... • Updated
Commercial LPG Cylinder Prices Rise, Household Rates Steady
- Oil marketing companies raised the price of 19-kg Commercial LPG by Rs 42 in Delhi on Monday, bringing the retail rate to Rs 3,113.50 per cylinder.
- Geopolitical tensions in West Asia and rising global energy costs have forced Oil marketing companies to adjust Commercial LPG Prices based on international benchmark rates and currency fluctuations.
- Domestic LPG rates remain unchanged for households, though Kolkata faces a steeper Rs 53.50 hike and 5-kg Free Trade LPG cylinders rose by Rs 11.
- Industry experts warn that recurring hikes increase operational expenses for Restaurants and Hotels, potentially forcing businesses to pass costs to Consumers through higher menu prices.
- To strengthen fuel security, Joint Secretary Sujata Sharma directed Oil marketing companies to maintain a minimum 30-day LPG reserve, while Authorities intensified Raids to curb diversion and hoarding.
Insights by Ground AI
42 Articles
42 Articles
New fuel hike in India: Commercial LPG rates see big ₹42 increase; costs ₹3,113.50 in Delhi now|Iran
Commercial LPG prices have gone up again. The price of a 19-kg commercial LPG cylinder has been increased by ₹42 from June 1, taking the rate in Delhi to ₹3,113.50 per cylinder. The hike impacts hotels, restaurants, caterers and other commercial establishments that rely heavily on LPG for daily operations. Domestic consumers, however, have been spared from this revision, with the price of the 14.2-kg household LPG cylinder remaining unchanged at…
·New Delhi, India
Read Full Article
Commercial LPG Cylinder Prices Rise, Household Rates Steady
The cost of commercial LPG cylinders used by businesses like hotels and restaurants increased by Rs 42, now priced at Rs 3,113.50 for a 19-kg cylinder. Household cooking gas rates remain stable at Rs 913 for a 14.2-kg cylinder.
·India
Read Full Article
Coverage Details
Total News Sources42
Leaning Left4Leaning Right9Center4Last UpdatedBias Distribution53% Right
Bias Distribution
- 53% of the sources lean Right
53% Right
L 24%
C 23%
R 53%
Factuality
To view factuality data please Upgrade to Premium
