Commercial LPG Price Hiked By ₹993; Delhi Rates Cross ₹3,000 Amid Global Tensions

The revision in LPG prices reflects the impact of international crude volatility and India’s fortnightly fuel pricing mechanism. While domestic LPG rates remain unchanged for households, commercial users face sharp increases, adding to inflationary pressures in the service sector.

Price Revision

Commercial LPG cylinder prices in Delhi now stand at ₹3,071.50 after the ₹993 hike. Similar increases have been reported across other metros, with Mumbai, Kolkata, and Chennai also crossing the ₹3,000 mark.

Impact On Businesses

Hotels, restaurants, and catering services are expected to bear the brunt of the hike, as LPG is a critical input for daily operations. Industry associations have expressed concern over rising costs, which may lead to higher menu prices and reduced margins.

Geopolitical Context

The price hike coincides with escalating tensions in West Asia, where supply disruptions have pushed crude oil above $100 per barrel. India’s reliance on imported energy continues to expose domestic markets to global shocks.

Key Highlights

• Commercial LPG price hiked by ₹993 in Delhi
• New rate: ₹3,071.50 per cylinder
• Domestic LPG prices remain unchanged for households
• Hotels and restaurants face higher operating costs
• Crude oil surge linked to West Asia tensions

Sources: Indian Oil Corporation, The Hindu, Economic Times, Business Standard