LPG cylinder prices hiked by another Rs.29 as West Asia war drives up import costs
New Delhi, June 7 -- State-run oil marketing companies (OMCs) have raised domestic liquified petroleum gas (LPG) cylinder prices by Rs.29, effective 7 June. This is the second hike since the start of the West Asia war. It comes after India's LPG consumption fell to 2.13 million tonnes in May, the lowest since the covid pandemic, and almost three months after oil companies hiked LPG prices by Rs.60 a cylinder on 7 March.
After the latest revision, a 14.2-kg domestic LPG cylinder will now cost Rs.942 in Delhi, Rs.941.50 in Mumbai, Rs.994 in Hyderabad, Rs.968 in Kolkata and Rs.944.50 in Bengaluru, according to industry estimates.
After the OMCs raised prices, the union government said in a statement that the added cost of supplying a 14.2-...
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