Lpg Prices

Ahead of festive season, 19 kg commercial LPG price hiked by Rs 48

Ahead of the festival season, oil marketing companies announced a Rs 48.50 hike in 19 kg commercial LPG cylinder prices, effective October 1. The cost of 14 kg domestic LPG cylinders remains unchanged

Commercial LPG rate up by Rs 6.5 per cylinder, jet fuel price hiked 2%

Jet fuel, or ATF price, on Thursday was hiked 2 per cent and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked Rs 1,827.34 per kilolitre, or 1.9 per cent, to Rs 97,975.72 per kl in the national capital, according to a price notification of state-owned fuel retailers. This is second straight monthly increase in jet fuel rates. ATF prices were on July 1 hiked by 1.2 per cent (Rs 1,179.37 per kl). That increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 91,650.34 per kl on Thursday from Rs 89,908.31 previously. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms increased the price of commercial LPG by Rs 6.5 to Rs 1,652.50 per 19-kg cylinder. The increase follows four monthly price reductions, the last on

Cut in LPG prices to revision of tax slabs: Expectations from Budget 2024

All eyes will be on the major announcements made by the finance minister and the government's forward-looking guidance about the overall economy

Oil marketing companies slash commercial LPG cylinder prices by Rs 30

Commercial LPG cylinder prices for July have been further cut by Rs 30, after being reduced by Rs 70 in June. Its aimed at providing relief to enterprises in the food and hospitality industries

ATF price reduced significantly by 6.5%, commercial LPG down by Rs 69

Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices. Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers. The reduction follows a marginal 0.7 per cent (Rs 749.25 per kl) increase on May 1. The ATF rate in Mumbai was slashed to Rs 88,834.27 per kl from Rs 95,173.70. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms also cut the price of commercial LPG by Rs 69 to Rs 1,676 per 19-kg cylinder. This is the third straight monthly reduction in rates. The price was on May 1 reduced by Rs 19 per cylinder and by Rs 30.5 on April 1. Rate of cooking gas used in domestic households, however, remained unchanged at Rs 803 per 14.2-kg cylinder. April 1 saw th

Govt extends subsidy on LPG for Ujjwala beneficiaries upto 12 refills

The average LPG consumption of PMUY consumers has increased by 29% from 3.01 refills in 2019-20 to 3.87 refills (till January 2024) prorated for 2023-24

Commercial LPG cylinder rate cut by Rs 39; price of domestic LPG unchanged

Commercial cooking gas (LPG) prices were on Friday cut by Rs 39.50 per 19-kg cylinder in line with softening international benchmarks. However, the price of domestic LPG -- used in household kitchens for cooking purposes -- remained unchanged at Rs 903 per 14.2-kg cylinder. Commercial LPG -- used in various establishments such as hotels and restaurants -- will now cost Rs 1,757 per 19-kg cylinder in the national capital as against Rs 1,796.50, oil firms said in a price notification. State-owned oil firms last hiked the price of commercial LPG by Rs 21 on December 1. Commercial LPG will now cost Rs 1,710 per 19-kg cylinder in Mumbai, Rs 1,868.50 in Kolkata, and Rs 1,929 in Chennai. Rates differ from state to state based on incidence of local taxation. Saudi contract price (CP), the benchmark used for pricing of LPG, has softened in the last few weeks' oversupply concerns. State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum ...

Cooking gas for Ujjwala consumers cheapest compared to neighbours: Govt

The price of domestic cooking gas LPG at Rs 603 for a 14.2 kilogramme cylinder for beneficiaries under Pradhan Mantri Ujjwala Yojana (PMUY) is the cheapest in India when compared to rates in neighbouring countries, Petroleum Minister Hardeep Singh Puri said in the Rajya Sabha on Monday. The minister, during the Question Hour in the Upper House, said India imports 60 per cent of its LPG requirement. Despite volatile and high global prices of LPG, the government absorbed it and kept the prices lower for the Ujjwala beneficiaries. "Ujjwala cylinders are available at Rs 603. It costs Rs 1,059.46 in Pakistan, Rs 1,033.35 in Sri Lanka and at Rs 1,198.56 in Nepal. We are providing LPG cylinders at 50 per cent of the price. ...We have absorbed the global price increase and that's why cylinders are cheapest in India," he said. The LPG price in Saudi Arabia has increased from USD 415 per tonne to USD 700-odd per tonne in two years, but the government has absorbed the rise in rates, he said.

ATF price increases by 5% in 4th straight hike, commercial LPG up by Rs 209

Jet fuel or ATF price on Sunday was hiked by 5 per cent -- the fourth straight monthly increase since July, and commercial cooking gas (LPG) rates were raised by a steep Rs 209 per 19-kg cylinder, in line with the firming up seen in international benchmarks. However, the price of domestic LPG - the one used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was increased by Rs 5,779.84 per kilolitre, or 5.1 per cent, in the national capital to Rs 118,199.17 per kl from Rs 112,419.33, according to a price notification of state-owned fuel retailers. The increase comes on back of the steepest-ever 14.1 per cent increase (Rs 13,911.07 per kl) effected on September 1, and a 8.5 per cent or Rs 7,728.38 per kl increase on August 1. The fourth straight increase in prices of jet fuel, which makes up for 40 per cent of an airline's operating cost, will increase the burden on already financially strained airlines.

Six Congress guarantees for Telangana: Housing, electricity, pension & more

The Congress party has begun its campaign in Telangana with the promise of financial aid to students and special assistance to women, including LPG cylinders at Rs 500 and Rs 2,500 per month

Centre allocates Rs 1,650 cr to extend PMUY for 7.5 million LPG connections

Beneficiaries of the Pradhan Mantri Ujjwala Yojana will also receive the first refill and a stove free of cost

Statsguru: LPG price cut may reduce retail inflation rate by around 30 bps

Consumption of LPG has accordingly been going up over the years. Production was close to consumption in the early 2000s. This has since changed with an increased shift towards clean cooking fuel

LPG price cut: Govt grant soon for OMCs, analysts do not expect losses

Starting 30 August, domestic LPG in India is selling Rs 200 cheaper per cylinder (14.2 kg), announced as a festive season gift from the government on Tuesday

Commercial LPG cylinder price cut by Rs 100, domestic stays same

A 19 kg LPG cylinder will cost Rs 1,680 in Delhi, Rs 1640.50 in Mumbai, and Rs 1,805.50 in Kolkata

Commercial LPG price cut by Rs 83, no change for domestic cylinders

Oil marketing companies had hiked prices by Rs 350.50 per unit on March 1

Patnaik condemns Centre's policies of LPG price rise, rice quota cut

BJD president and Odisha Chief Minister Naveen Patnaik on Thursday slammed the BJP-led central government for raising the price of LPG and slashing the quota of five kg of free rice to beneficiaries. These decisions are anti-women, claimed Patnaik, who had been supporting the schemes and policies of the Narendra Modi government for a long time. Hike of the LPG price and deduction of 5 kg rice by the Centre are clearly anti-women policies. I strongly condemn such policies, Patnaik said while addressing a BJD function marking the observance of International Women's Day. Earlier, the ruling party had staged a demonstration opposing the stoppage of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) under which the poor people covered under the PDS were provided with 5 kg of free rice to counter the adverse impact of the COVID-19 Pandemic. The BJD government was demanding continuance of the PMGKAY as the impact of the pandemic still hits the poor people who lost jobs and employment. The

LPG price hiked in Bangladesh by 22.15 taka per kg to 124.85 taka

The price of Liquefied Petroleum Gas (LPG) in Bangladesh has been hiked by 22.15 taka per kg to 124.85 taka

Domestic LPG cylinders to come with QR codes: Check benefits, other details

"All domestic gas cylinders will have QR code in the next three months", said IOCL chairman Shrikant Madhav

ATF price hiked 4.2%, commercial LPG rates cut by Rs 115.5 in Delhi

Jet fuel (ATF) price on Tuesday was hiked by 4.2 per cent but that of commercial LPG used in non-residential establishments such as hotels and restaurants was cut by Rs 115.5 per 19-kg cylinder reflecting global energy trends. Aviation turbine fuel (ATF) price was hiked by Rs 4,842.37 per kilolitre, or 4.19 per cent, to Rs 120,362.64 per kl in the national capital, according to a price notification of state-owned fuel retailers. This reverses a 4.5 per cent cut in jet fuel prices affected last month. Separately, the oil firms reduced the price of a 19-kg commercial LPG cylinder to Rs 1,744 from Rs 1,859.50 in the national capital. This is the seventh reduction in the price of commercial LPG since June, in step with softening of international energy prices. In all, rates have come down by Rs 610 per 19-kg cylinder. However, rates of LPG used in household kitchens for cooking purposes remained unchanged at Rs 1,053 per 14.2-kg cylinder. This is because the rates of domestic cookin

Govt okays Rs 22,000 crore one-time grant for OMCs to battle losses

This will help them tide over continuing losses in providing domestic liquified petroleum gas