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Commercial LPG Prices Surge for Third Month Amid Global Energy Spike

A 19-kg commercial LPG cylinder—widely used by hotels, restaurants, and other businesses—has seen a steep hike of ₹993. In Delhi, the revised price now stands at ₹3,071.50, up significantly from ₹2,078.50. This marks the largest single increase in recent months.

The latest revision follows earlier price hikes of ₹195.50 on April 1 and ₹114.50 on March 1. Overall, commercial LPG prices have surged by ₹1,303 over the past three months, placing considerable pressure on businesses dependent on bulk fuel consumption.

Domestic LPG Prices Remain Unchanged

In contrast, domestic LPG prices have remained stable. The 14.2-kg household cylinder continues to cost ₹913 in Delhi. The last revision for domestic cylinders occurred on March 7, when prices were increased by ₹60 per unit.

This price stability offers some relief to households, even as commercial users grapple with rising operational costs.

Factors Behind the Price Hike

State-run oil marketing companies, including Indian Oil Corporation, revise LPG and aviation turbine fuel (ATF) prices at the start of each month in line with global benchmarks and currency fluctuations.

Recent geopolitical tensions in West Asia have disrupted energy supply chains, particularly affecting the Strait of Hormuz—a critical route for global oil transport. As a result, global crude oil prices have surged by nearly 50% in recent weeks, directly impacting LPG rates in India.

City-wise Commercial LPG Prices (May 1, 2026)

New Delhi – ₹3,071.50

Mumbai – ₹3,046.50

Pune – ₹3,107

Kolkata – ₹3,355

Bengaluru – ₹3,174.50

Chennai – ₹3,259.50

Patna – ₹3,369

Surat – ₹3,047

Hyderabad – ₹2,343.50

Indore – ₹3,201.50

Lucknow – ₹3,194

Varanasi – ₹3,276.50

Note: Prices may vary slightly depending on the distributor.

Limited Consumer Impact, Says IOC

According to Indian Oil Corporation, the latest price hike primarily affects a limited segment of consumers. Commercial and bulk LPG cylinders account for less than 1% of total consumption.

The company emphasized that domestic LPG prices—used by approximately 33 crore households—remain unchanged. It also noted that nearly 80% of petroleum product prices have not been revised, indicating a contained overall impact on the broader consumer base.

Fuel Prices Hold Steady

Meanwhile, petrol and diesel prices have remained unchanged. Following a ₹2 per litre reduction last year, petrol in Delhi is currently priced at ₹94.72 per litre, while diesel stands at ₹87.62 per litre.

Despite stable household fuel costs, the continued rise in commercial LPG prices is expected to impact businesses, potentially leading to increased costs for food and services in the coming months.

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