India Hikes Commercial LPG Prices by 195-220 Rupees

Oil marketing companies in India raised the price of 19-kilogram commercial liquefied petroleum gas cylinders by approximately 195 to 220 rupees across major cities on April 1, attributing the increase to surging global energy costs amid escalating tensions in West Asia. The hike, the second within a month, affects restaurants, hotels, and small eateries that rely on the fuel for cooking, pushing prices above 2,000 rupees per cylinder in most urban centers.

In New Delhi, the cost rose by 194.50 rupees to 2,078.50 rupees, while in Mumbai it increased by 195 rupees to 2,031 rupees. Kolkata saw a 218-rupee jump to 2,208.50 rupees, and Chennai's price climbed 203 rupees to 2,246.50 rupees. Similar revisions occurred in other cities, including Hyderabad at 2,320.50 rupees after a 214.50-rupee increase and Bengaluru at 2,161 rupees. The 5-kilogram free trade liquefied petroleum gas cylinder also went up by 51 rupees to around 549 rupees in Delhi. Domestic 14.2-kilogram cylinders remained unchanged, priced at 913 rupees in Delhi following a 60-rupee hike on March 7.

State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum, which set the rates monthly based on...