Domestic LPG Cylinder Prices Remain Steady Amid Rising Global Fuel Costs
Domestic LPG Cylinder Prices Remain Unchanged; No Change In Petrol, Diesel Rates: IOCL
Ndtv
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Indian Oil Corporation Ltd (IOCL) has announced that retail prices for petrol, diesel, and domestic LPG cylinders will remain unchanged for May, providing relief to approximately 330 million consumers in India. However, commercial LPG cylinder prices have surged significantly, with a ₹993 increase for the 19-kg cylinder.
- 01Domestic LPG cylinder prices remain unchanged for May, benefiting 330 million consumers.
- 02No changes in petrol and diesel rates announced by IOCL.
- 03Commercial LPG cylinder prices increased by an average of ₹993 month-on-month.
- 04In Delhi, the 19-kg commercial LPG cylinder price rose to ₹3,071.50.
- 05Aviation turbine fuel prices for international operations have increased for the second month.
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Indian Oil Corporation Ltd (IOCL) has decided to keep the retail prices of petrol, diesel, and domestic LPG cylinders unchanged for May, providing relief to approximately 330 million consumers across India despite rising international fuel prices. This decision aims to shield domestic consumers from fluctuations in global energy markets. The price of a domestic LPG cylinder (14.2 kg) remains steady, while commercial LPG cylinder prices have seen a significant hike, with the cost of a 19-kg cylinder increasing by an average of ₹993 month-on-month. In Delhi, the price has risen to ₹3,071.50 from ₹2,078.50, and in Mumbai, it has climbed to ₹3,024 from ₹2,031. Additionally, aviation turbine fuel (ATF) prices for international airline operations have also increased for the second consecutive month.
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Consumers will benefit from stable domestic LPG prices, helping to manage household expenses amid rising global fuel costs.
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