New Delhi, April 30 -- LPG prices are at focus as media reports suggest a fresh revision in LPG prices from May 1, though there is no official update on the new rates yet. So far, domestic LPG prices have only been revised once, while commercial cooking gas rates were adjusted twice in the last few months.

A hike in LPG prices may be announced on Friday, May 1, given that oil companies typically announce price revisions at the start of the month, and global crude markets also remain volatile.

As the government rolls out tighter checks on the use and distribution of cooking gas, reports have also suggested that new LPG cylinder rules are under discussion, Mint reported earlier.

The Centre raised the price of a 14.2 kg domestic LPG cylin...