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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.
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28 Articles
28 Articles
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
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Prices of commercial LPG, 5-kg free trade cylinder hiked
Indian Oil Corporation, the country’s largest state-run refiner and fuel retailer, on Monday raised the price of a 19 kg commercial liquefied petroleum gas cylinder by Rs 42, bringing its cost in Delhi to Rs 3,113.5, Reuters reported.The increase applies to commercial cylinders used by businesses and industrial consumers. Prices of domestic cooking gas cylinders are unchanged.Prices of 5 kg Free Trade LPG cylinders were raised by Rs 11, taking t…
·Mumbai, India
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Coverage Details
Total News Sources28
Leaning Left4Leaning Right9Center3Last UpdatedBias Distribution56% Right
Bias Distribution
- 56% of the sources lean Right
56% Right
L 25%
C 19%
R 56%
Factuality
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