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State Oil Firms Lift Commercial LPG Prices by ₹993 as Household Rates Hold

The jump reflects pressure from costly crude alongside strained Gulf shipping.

Overview

  • State-run oil companies, which raised commercial LPG prices on Friday, set Delhi's 19 kg cylinder at ₹3,071.50 after a ₹993 jump.
  • The 5 kg free-trade cylinder rose by ₹261, while the 14.2 kg household cylinder saw no change in this round.
  • Indian Oil said about 80% of petroleum products stayed flat, with most increases limited to industrial and commercial items.
  • Restaurants, bakeries, street vendors, and caterers face higher fuel costs, with reports pointing to menu and wedding bills rising by roughly 10% to 30% and some weddings adding about ₹50,000 to ₹200,000.
  • Coverage links the move to crude above $120 a barrel and risk on the Strait of Hormuz, and officials are reportedly weighing petrol and diesel hikes of about ₹4–5 per litre and a domestic LPG rise of ₹40–50 in the coming days with no final decision yet.