In a significant price revision, commercial LPG cylinder rates have been increased by ₹195.5, while domestic LPG prices remain unchanged, amid escalating tensions in the West Asia region.
According to industry sources, the hike applies to 19-kg commercial cylinders commonly used by hotels, restaurants, and small businesses. The revision is expected to impact operational costs in the hospitality and food sectors, potentially leading to higher prices for consumers.
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Domestic LPG cylinders, widely used in households, have not seen any change in pricing, offering relief to consumers despite ongoing volatility in global energy markets.
The price adjustment comes against the backdrop of rising geopolitical tensions in West Asia, which have influenced global fuel supply chains and crude oil prices. Analysts say uncertainty in the region continues to affect energy markets, prompting periodic revisions in fuel rates.
Oil marketing companies typically review LPG prices on a monthly basis, factoring in international benchmarks and currency fluctuations.
