New Delhi: The price of a 19-kg commercial LPG cylinder has been increased by Rs 10 to Rs 2,820, effective Sunday. The cylinder was priced at Rs 2,810 on October 1. With the latest revision, the price has increased by Rs 10 over the past month.
This marks the third consecutive monthly increase in commercial LPG prices, dealing a blow to the hospitality sector, eateries and commercial vendors amid the peak festive season.
Meanwhile, the price of a 5-kg Free Trade LPG (FTL) cylinder for a new connection stands at Rs 1,903, while a 5-kg FTL refill is priced at Rs 782, according to the revised rate list.
The LPG price landscape in 2026 has witnessed significant volatility, driven largely by external geopolitical developments.
Prices saw a massive single-month surge of nearly Rs 1,000 per cylinder on May 1, pushing commercial LPG rates above the Rs 3,000 mark to around Rs 3,071.50 in Delhi.
Relief followed in July and August, when oil marketing companies announced cumulative price cuts totalling Rs 380 per cylinder, providing substantial respite to commercial consumers during the mid-summer period.
However, the trend reversed during the festive season, with consecutive price hikes. Following marginal upward adjustments on September 1 and a Rs 65 per cylinder increase on October 1, prices were raised again on November 1 by Rs 10 to Rs 17 across metros, taking the Delhi rate to Rs 2,820.
The elevated costs of gas and fuel imports throughout 2026 have largely been attributed to escalating geopolitical tensions and naval disruptions in the Strait of Hormuz, a critical maritime chokepoint through which a significant portion of Middle Eastern crude oil and liquefied petroleum gas (LPG) passes.
India depends on imports for roughly half of its natural gas and LPG consumption, with a major share of its LPG shipments originating from Gulf producers and passing through the Strait of Hormuz.
Operational bottlenecks and heightened security risks in the Strait earlier this year triggered a contraction in global LPG supply, leading to a spike in freight costs.
Higher shipping risk premiums, combined with global crude oil volatility, with Brent crude hovering above $110 per barrel, and elevated international Saudi Aramco contract prices, have kept domestic commercial fuel rates high despite minor month-on-month adjustments.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: deccanchronicle.com
