New Delhi, June 24 -- The cost of domestic and commercial Liquefied Petroleum Gas (LPG) cylinders remained unchanged on Wednesday, 23 June, even as global oil prices eased further in the wake of progress in US-Iran peace talks. Since 7 June rate hike the price of cooking gas has been steady. In the last revision in domestic LPG cylinder prices, Oil marketing companies (OMCs) hiked 14.2 kg cylinder price by Rs.29 due to severe under recoveries. This was the second increase in three months, after the first revision of Rs.60 that came out on 7 March.

Commercial 19-Kg cylinder costs surged by around Rs.42 after the latest revision in the wake of rising energy costs and supply disruptions across the Strait of Hormuz transit route. Energy supp...