Domestic LPG cylinder has become costlier by Rs 29. The new rates have come into effect from 12 midnight tonight. Now the price of 14.2 kg gas cylinder in Delhi will increase from ₹ 913 to ₹ 942. The price of LPG has been increased for the second time in three months. Earlier on March 7, the price of LPG cylinder was increased by ₹ 60. Before the increase, domestic gas cylinders were available in Delhi for ₹853. According to sources of news agency PTI, oil companies say that the ongoing conflict in West Asia is affecting the global energy supply, due to which the prices have to be increased. Companies claim loss of ₹ 703 per cylinder News agency PTI quoted sources as saying that government oil companies were incurring a loss of about ₹ 703 on every domestic cylinder. Despite the increase in prices, there will be only partial compensation. Before 2026, the government had increased the prices of domestic LPG cylinders by ₹ 50 on April 8, 2025. On March 1, 2026, the price of commercial gas cylinder was increased to ₹ 31. The price of 5 kg LPG cylinder was also increased by ₹11, taking its price to ₹821.50. Before LPG, prices of petrol, diesel and CNG also increased. According to oil companies, the prices had to be increased due to increased energy costs in the international market and losses on domestic sales. The prices of petrol, diesel and CNG have also increased in the last few weeks. Petrol and diesel prices have increased by a total of ₹7.50 per liter in May. At the same time, the price of CNG has also been increased by about ₹ 6 per kg. According to industry sources, despite the recent increase, oil companies are still selling petrol and diesel below cost. Companies are incurring a loss of around ₹11 per liter on petrol and ₹33.6 per liter on diesel. The government claims that till now the entire burden of the increase in international prices has not been passed on to the consumers. Government oil companies are bearing some of the government’s burden amid fluctuations in the global crude oil and fuel markets. Knowledge Box: 1. How is the price of gas cylinder decided? Oil companies decide the base price of LPG every month based on the previous month’s international prices, exchange rates and other costs. The retail price is then calculated by adding tax, transport, and dealer commission. For subsidized cylinders the government compensates the difference, while for non-subsidised cylinders the customer pays the full price. 2. What is the Essential Commodity Act 1955? The government has issued this order using the powers under the Essential Commodity Act 1955 (ESMA). Earlier, the government had implemented ESMA rules in the oil sector after the Ukraine war. Then the refining companies were asked not to allow shortage of fuel in the country and not to export it outside, because at that time selling oil outside had become a very profitable deal due to huge margins. —————————- Also read this news… Edible oil will now be available only in 9 standard pack sizes: It is necessary for the companies to write the weight along with the volume, new rules will be implemented in 3 months. The Department of Consumer Affairs has made standard pack sizes mandatory for edible oil under the Legal Metrology Framework on June 6. The main objective of this step of the government is to help customers compare prices between different brands and take the right decision. Read the full news…
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Domestic LPG cylinder becomes costlier by ₹ 29, new rates come into effect from today: Prices increased for the second time in 3 months; 14.2kg cylinder will be available in Delhi for ₹942
