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India Raises Jet Fuel and Commercial LPG as City Gas Rates Climb

Higher crude and LNG costs after renewed USIran military action have pushed import‑linked domestic fuel tariffs up and raised costs for airlines and businesses.

Overview

  • State oil marketing companies raised aviation turbine fuel by Rs 6.28 per litre to Rs 121.28 with the change effective September 1, a move that increases a major cost item for carriers.
  • Commercial 19‑kg LPG cylinders were increased by about Rs 9.50 from September 1, while 5‑kg market‑priced refills rose by Rs 2 and household 14.2‑kg cylinders remained unchanged.
  • City gas distributors raised compressed natural gas and piped gas prices, with Indraprastha Gas Ltd increasing Delhi CNG by Rs 3.89 per kg effective August 29 and Mahanagar Gas raising Mumbai CNG by Rs 2 per kg from September 1.
  • The recent domestic adjustments follow a jump in Brent crude above roughly $90 a barrel after renewed USIran military action and Strait of Hormuz disruptions, which pushed international benchmarks and LNG spot costs higher.
  • Consumers and businesses will feel the impact through higher air fares, catering and hotel bills, and commuter costs while daily petrol and diesel prices in India held steady in the latest revisions.