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India Raises Domestic LPG Price by ₹29, Taking Delhi Cylinder to ₹942

The government says sharply higher import costs from Gulf supply disruptions have pushed supply cost above ₹1,600 and left oil firms about ₹700 short on each household cylinder.

Overview

  • Retail prices for a 14.2 kg domestic LPG cylinder were raised by ₹29, effective Sunday, June 7, moving the Delhi retail price from ₹913 to ₹942.
  • Officials say the cost to import and supply one cylinder has climbed past ₹1,600, producing an estimated under-recovery of about ₹700 per household cylinder and a year-long shortfall near ₹60,000 crore.
  • The government traces the higher import bill to international LPG benchmarks, with Saudi contract prices up roughly 46% between February and June after disruptions around the Strait of Hormuz reduced Gulf shipments.
  • Commercial LPG cylinders were increased earlier in June and recent rises in petrol, diesel and CNG add to household and small-business cost pressure across the country.
  • The price moves reflect mounting fiscal strain on oil marketing companies and the state and could mean further consumer adjustments or policy steps to contain losses and protect supply.