Consumers across India will have to pay more for cooking gas as domestic LPG cylinder prices have been increased by Rs 29 per cylinder, effective June 8. The latest revision takes the price of a 14.2-kg domestic LPG cylinder in Delhi to Rs 942, marking the second hike in three months amid rising global energy costs and continued volatility in international fuel markets.
✅ Domestic LPG cylinder price increased by Rs 29
✅ Delhi price rises from Rs 913 to Rs 942 per 14.2-kg cylinder
✅ Second LPG price hike since March 2026
✅ Earlier hike of Rs 60 per cylinder announced on March 7
✅ Oil companies reportedly losing Rs 703 per LPG cylinder before latest revision
✅ Petrol, diesel and CNG prices have also risen in recent weeks
Domestic LPG Prices Increased Again
New Delhi, May 07 State-owned oil marketing companies have announced a Rs 29 increase in domestic cooking gas prices, effective Sunday, as they continue to grapple with rising international energy costs.
Following the latest revision, the price of a 14.2-kg domestic LPG cylinder in Delhi has increased to Rs 942 from Rs 913.
The hike comes amid persistent volatility in global energy markets and growing financial pressure on fuel retailers.
Second Hike Since West Asia Conflict Escalated
This is the second LPG price increase in three months.
On March 7, domestic LPG cylinder prices were raised by Rs 60 per cylinder after geopolitical tensions in West Asia disrupted energy supplies and pushed global fuel prices higher.
Despite the earlier increase, industry sources indicate that oil marketing companies continued to incur significant losses on domestic LPG sales.
Oil Companies Continue to Face Financial Pressure
According to industry estimates, state-owned fuel retailers were losing approximately Rs 703 on every domestic LPG cylinder sold before the latest revision.
The fresh price increase is expected to partially reduce these losses, although companies remain under pressure due to:
- High international LPG prices
- Rising import costs
- Increased transportation and supply chain expenses
- Global market volatility
Fuel Prices Rising Across the Board
The LPG hike comes as consumers are already facing higher fuel costs.
Recent increases include:
- Petrol and diesel prices up by a cumulative Rs 7.50 per litre since mid-May
- CNG prices increased by around Rs 6 per kg
Industry estimates suggest that oil companies are still selling fuel below actual cost levels.
Retailers are reportedly incurring losses of:
- Around Rs 11 per litre on petrol
- Around Rs 33.6 per litre on diesel
Government Balancing Inflation and Energy Costs
The government has so far avoided allowing a complete pass-through of global energy costs to consumers.
Instead, authorities have opted for a balanced approach, with a portion of the burden being absorbed by state-owned oil marketing companies to help contain inflationary pressures.
However, prolonged high global fuel prices continue to place financial strain on fuel retailers.
Global Energy Markets Remain Volatile
International energy markets have witnessed sustained volatility in recent months due to ongoing geopolitical tensions in West Asia.
The conflict has impacted crude oil and fuel supply chains, contributing to higher import costs for countries dependent on energy imports, including India.
Analysts believe fuel prices may remain under pressure if geopolitical uncertainties persist and global crude prices continue to fluctuate.
Conclusion
The latest Rs 29 increase in domestic LPG prices reflects the continued impact of rising global energy costs on India’s fuel market. While the government has sought to shield consumers from the full effect of international price spikes, mounting losses at state-owned oil companies have necessitated further price revisions. Consumers and businesses will now closely watch future developments in global energy markets and government pricing policies.
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