Commercial LPG Cylinder Price Hiked by Rs 993, Domestic LPG Rates Stay Unchanged
The price of 19 kg commercial LPG cylinders has gone up sharply from today, rising by Rs 993. With this latest increase, the cost of a commercial LPG cylinder in Delhi now stands at Rs 3,071.50, according to sources. Despite this significant hike in commercial LPG cylinder prices, there has been no change in domestic LPG cylinder rates, offering some relief to households.
This increase comes just a month after a similar revision, when state-owned oil companies had raised prices of both 19-kg commercial LPG cylinders and 5-kg mini cylinders. The continued rise in commercial LPG prices is expected to impact businesses that depend heavily on bulk fuel usage.
Retail prices of petrol, diesel, and domestic LPG cylinders have also been kept steady. This decision helps protect consumers from fluctuations in international oil markets. In a statement, Indian Oil Corporation (IOC) said there has been no rate revision in key fuels affecting the general public.
IOC also stated that petrol and diesel prices remain unchanged for retail consumers, who account for nearly 90 per cent of total fuel consumption. Similarly, domestic LPG cylinder prices for 14.2-kg cylinders used by around 33 crore consumers have not been altered. Prices of kerosene supplied through the public distribution system (PDS) have also remained stable.
According to the statement, nearly 80 per cent of petroleum products have seen no price change, ensuring stability for the majority of consumers across the country.
Prices of bulk and commercial LPG cylinders, which make up less than 1 per cent of total consumption, have been revised. In addition, bulk diesel and ATF for international airline operations have also seen price increases, though detailed figures were not shared.
At the same time, about 4 per cent of petroleum products have recorded a price decrease, reflecting ongoing fluctuations in global fuel markets.
IOC said the measures reflect a calibrated approach by oil marketing companies. The goal is to align domestic fuel prices with global trends while protecting consumers and maintaining economic stability in the face of international price volatility.
This increase comes just a month after a similar revision, when state-owned oil companies had raised prices of both 19-kg commercial LPG cylinders and 5-kg mini cylinders. The continued rise in commercial LPG prices is expected to impact businesses that depend heavily on bulk fuel usage.
ATF Prices Stay Stable as Oil Companies Absorb Global Cost Pressure
In contrast to the hike in commercial LPG cylinder prices, aviation turbine fuel (ATF) prices for domestic airlines have remained unchanged. On Friday, state-owned oil companies chose to absorb the rise in global fuel prices to shield airlines and consumers. IndianOil confirmed this move, highlighting efforts to maintain stability in key fuel segments.Retail prices of petrol, diesel, and domestic LPG cylinders have also been kept steady. This decision helps protect consumers from fluctuations in international oil markets. In a statement, Indian Oil Corporation (IOC) said there has been no rate revision in key fuels affecting the general public.
Monthly ATF Price Revision: No Change for Domestic Airlines
ATF prices are typically revised on the first day of every month based on input costs. While there has been no change in ATF prices for domestic airlines this time, rates for international carriers have been increased.IOC also stated that petrol and diesel prices remain unchanged for retail consumers, who account for nearly 90 per cent of total fuel consumption. Similarly, domestic LPG cylinder prices for 14.2-kg cylinders used by around 33 crore consumers have not been altered. Prices of kerosene supplied through the public distribution system (PDS) have also remained stable.
According to the statement, nearly 80 per cent of petroleum products have seen no price change, ensuring stability for the majority of consumers across the country.
Limited Impact as Price Changes Focus on Industrial Segments
The latest price revisions have mainly affected select industrial fuels. IOC explained that these segments account for a relatively small share of total consumption and are subject to routine monthly adjustments based on global benchmarks.Prices of bulk and commercial LPG cylinders, which make up less than 1 per cent of total consumption, have been revised. In addition, bulk diesel and ATF for international airline operations have also seen price increases, though detailed figures were not shared.
At the same time, about 4 per cent of petroleum products have recorded a price decrease, reflecting ongoing fluctuations in global fuel markets.
Oil Companies Aim for Stability Amid Global Volatility
Overall, the data shows that around 80 per cent of petroleum products have seen no change in prices, 4 per cent have become cheaper, and 16 per cent, mainly industrial fuels, have become more expensive.IOC said the measures reflect a calibrated approach by oil marketing companies. The goal is to align domestic fuel prices with global trends while protecting consumers and maintaining economic stability in the face of international price volatility.
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