Stable LPG Cylinder Prices Amid Global Oil Volatility on April 25
LPG cylinder price today, 25 April: Domestic and commercial gas rates in Delhi, Bengaluru, Mumbai, Kolkata, other cities
Mint
Image: Mint
On April 25, LPG cylinder prices in major Indian cities like Delhi, Bengaluru, and Mumbai remained unchanged despite rising global oil prices due to geopolitical tensions. The Indian government is actively managing domestic supplies and inflation, ensuring a stable supply for consumers.
- 01LPG prices have remained stable in India despite global oil price fluctuations.
- 02Domestic LPG prices have not changed since a March increase, while commercial LPG saw two price hikes.
- 03The Indian government is working to cushion consumers from rising oil prices.
- 04Natural gas supply is stable at 100% for domestic users and 80% for industrial users.
- 05Over 147,000 tonnes of commercial LPG have been sold in April, indicating restored supply.
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On April 25, LPG cylinder prices in major Indian cities, including Delhi, Bengaluru, and Mumbai, remained stable despite rising global oil prices, which have surged by about 50% since the onset of the conflict in West Asia on February 28. The Indian government has intervened to manage domestic prices and inflation, ensuring that consumers are not significantly affected by international market fluctuations. While domestic LPG prices have not changed since a hike in March, commercial LPG has seen two increases in recent weeks. The Ministry of Petroleum & Natural Gas has confirmed that natural gas supply is currently at 100% for domestic piped natural gas (PNG) and compressed natural gas (CNG) users, and around 80% for industrial consumers. Efforts are ongoing to maintain stable supplies, with over 147,000 tonnes of commercial LPG sold in April alone. Consumers are urged to avoid panic buying as the government assures that there are no disruptions in LPG supply.
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Consumers can expect stable LPG prices, which helps mitigate the financial burden of rising energy costs amidst global volatility.
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