Sharp Rise in Commercial LPG Costs Pushes 19-kg Cylinder to ₹3,071.50

Sharp Rise in Commercial LPG Costs Pushes 19-kg Cylinder to ₹3,071.50

Sharp Rise in Commercial LPG Costs Pushes 19-kg Cylinder to ₹3,071.50

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Commercial LPG users are set to face a significant cost escalation as fuel prices for bulk consumers have been increased once again. From May 1, the price of a 19-kg commercial LPG cylinder has jumped by ₹993, bringing the revised rate in Delhi to ₹3,071.50. Earlier, the same cylinder was available at ₹2,078.50.

This latest adjustment continues a pattern of frequent price revisions in recent months. On April 1, rates were raised by ₹195.50 per cylinder, followed by another hike of ₹114.50 on March 1. When combined, these three consecutive increases have pushed commercial LPG prices up by a total of ₹1,303.

Household consumers, however, remain unaffected by the latest change. The price of domestic LPG, used for cooking in kitchens, continues to stand at ₹913 for a 14.2-kg cylinder in Delhi. The most recent revision for domestic users occurred on March 7, when rates went up by ₹60 per cylinder.

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Public sector oil marketing companies including Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise LPG and aviation fuel prices on a monthly basis. These updates are aligned with global crude benchmarks and fluctuations in foreign exchange rates.

International energy markets have played a major role in driving the recent surge. Global oil prices have climbed nearly 50% amid ongoing geopolitical tensions in West Asia, which have disrupted established supply routes and trade stability. The situation intensified following military developments involving the US, Israel, and Iran, along with subsequent retaliatory actions.

Disruption in the Strait of Hormuz has added further pressure on global energy movement, as this corridor is a key passage for oil and gas shipments from the Gulf region. India, which relies heavily on imports to meet its energy demand, has been directly impacted by these changes.

Before the escalation of conflict, more than half of India’s crude oil imports, around 30% of its gas requirements, and nearly 85–90% of LPG imports were sourced from West Asian countries such as Saudi Arabia and the UAE. While India has partly offset crude supply challenges by increasing purchases from alternative suppliers like Russia, gas availability for industrial sectors has tightened, and LPG supplies to commercial establishments such as hotels and restaurants have been reduced.

At the same time, petrol and diesel prices have remained stable since a ₹2 per litre reduction implemented in March last year. In Delhi, petrol continues to retail at ₹94.72 per litre, while diesel is priced at ₹87.62 per litre.

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