Commercial LPG cylinder prices have been increased across cities from April 1, with Delhi’s 19 kg cylinder rising by ₹195.50 to ₹2,078.50.
Aviation Turbine Fuel (ATF) prices have also been revised upward across metro cities due to rising global crude oil prices amid geopolitical tensions.
Domestic LPG cylinder prices remain unchanged, while the government has assured adequate fuel supply and urged citizens not to panic-buy.
LPG Price Shock From April 1: Commercial Cylinders Jump Up to ₹218
Commercial LPG cylinder prices rise from April 1 while domestic cooking gas remains unchanged; ATF rates also climb amid global crude oil volatility
Summary
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The prices of LPG (Liquefied Petroleum Gas) cylinders have been revised upward with effect from April 1 across cities. In Delhi, the price of a 19 kg commercial LPG cylinder has increased to ₹2,078.50, marking a rise of ₹195.50. The 5 kg FTL cylinder is now priced at ₹549 per refill, an increase of ₹51. In Kolkata, the price of a 19 kg commercial LPG cylinder has gone up by ₹218, reflecting the broader trend of rising fuel costs across urban centres, reports said. Domestic cooking gas LPG rates remain unchanged. LPG rates were hiked by ₹60 per 14.2 kg cylinder last month, with the 14.2 kg cylinder now costing ₹913 in Delhi.
Why the revised hike?
The price revision comes against the backdrop of escalating geopolitical tensions, with little sign of easing in the near term. Although US President Donald Trump hinted at a possible de-escalation of tensions in Iran, it remains uncertain whether a resolution will be achieved soon. Concerns over potential supply chain disruptions due to any closure of the Strait of Hormuz are also keeping the crude oil market on edge.
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Aviation Turbine Fuel hike
Apart from LPG, Aviation Turbine Fuel (ATF) prices have also been revised upward across major metro cities due to the surge in global crude oil prices, PTI reported. ATF is now priced at ₹2,07,341.22 per kilolitre in Delhi, ₹2,05,953.33 per kilolitre in Kolkata, ₹1,94,968.67 per kilolitre in Mumbai, and ₹2,14,597.66 per kilolitre in Chennai.
ATF prices for domestic airlines operating international routes have also been raised to ₹1,690 per kilolitre from ₹816 per kilolitre in the latest revision.
Government support
The Centre has asserted that fuel supplies across the country remain stable. The Ministry of Petroleum and Natural Gas stated that all retail outlets are operating normally nationwide and that there are adequate stocks of petrol and diesel available at fuel stations. The government has also urged citizens not to panic-buy amid rumours of a supply shortage.
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Earlier in March, the Union government reduced excise duty on petrol to ₹3 and diesel to zero. It also imposed a windfall tax of ₹21.5 per litre on diesel exports. According to reports, the excise duty cut is likely to cost the Centre nearly ₹1.3 lakh crore.