NewsFlash Daily™
01 May 
Sharp spike in 19 kg commercial LPG cylinder prices hits Rs. 3,071.50 in Delhi; hotels, restaurants brace for impact while domestic fuel prices stay unchanged
New Delhi: In a major price shock, commercial LPG cylinder rates have been hiked by a staggering Rs993, effective today, pushing the cost of a 19 kg cylinder to Rs3,071.50 in Delhi. The sudden surge is expected to directly impact businesses such as hotels, restaurants, and other commercial establishments across India.
The sharp increase in commercial LPG prices is likely to raise operational costs for the food and hospitality sectors, which heavily depend on bulk gas consumption. In cities like Bengaluru, where prices previously ranged between Rs. 1,950 and Rs. 2,200, the hike is seen as a significant burden for small and mid-scale businesses.
Relief for Households and Common Consumers
Despite the steep rise in commercial cylinder rates, there is no change in domestic LPG prices. The widely used 14.2 kg household cylinders, consumed by nearly 33 crore users, remain stable, offering relief to common households.
Additionally, petrol and diesel prices, which affect nearly 90% of vehicle users, have also been kept unchanged. Similarly, kerosene prices under the Public Distribution System (PDS) remain stable.
Aviation Fuel Prices Remain Steady
In another key development, Aviation Turbine Fuel (ATF) prices for domestic airlines have not been increased, despite rising global fuel costs. This move is aimed at protecting both airlines and passengers from fare hikes.
“State-run oil companies have chosen to absorb the burden of global fuel price volatility to maintain domestic stability,” sources from the oil sector indicated.
However, international airlines operating in India will face increased fuel costs, reflecting global market trends.
Market Stability Measures by Oil Companies
According to oil companies, nearly 80% of petroleum products in the market have seen no price change, ensuring overall stability. While 4% witnessed a price drop, about 16%, mainly industrial fuels, recorded a price increase.
These measures are part of a broader strategy to shield domestic consumers from international price fluctuations and maintain economic balance.
