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LPG Price Hiked by Rs 29; Delhi Cylinder Now Costs Rs 942 From June 7

The LPG cylinder price rises by Rs 29 as oil companies continue absorbing energy losses.

Domestic cooking gas prices have been increased by Rs 29 per cylinder across India, marking the second hike in the last three months. The revised rates for 14.2-kg LPG cylinders came into effect on June 7, raising the cost of a cylinder in Delhi from Rs 913 to Rs 942. The latest revision comes amid continued volatility in global energy markets and increasing pressure on fuel retailers due to rising international prices.

According to industry sources, the previous increase of Rs 60 per cylinder was implemented on March 7 following disruptions in global energy supplies linked to tensions in the Middle East. Despite that revision, oil marketing companies reportedly continued to incur substantial losses on domestic LPG sales. Sources indicated that state-run fuel retailers were losing approximately Rs 703 on every LPG cylinder sold before the latest price adjustment.

The revised LPG prices now vary across major cities. Consumers in Mumbai will pay Rs 941.40 per cylinder, up from Rs 912.50, while the price in Kolkata has risen from Rs 939 to Rs 968. In Bengaluru, the cost has increased to Rs 944.50 from Rs 915.50, and in Chennai the price now stands at Rs 957.50 compared to the earlier Rs 928.50. Other major cities have also witnessed similar increases.

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In Hyderabad, the new LPG price has reached Rs 996 per cylinder, while consumers in Lucknow will now pay Rs 980. Jaipur residents will be charged Rs 945.50 per cylinder, and Patna continues to record one of the highest rates among major cities at Rs 1,031.50. The revised prices reflect regional variations arising from transportation costs, taxes, and local levies imposed in different states.

The LPG price increase comes alongside a broader rise in fuel costs across the country. Petrol and diesel prices have reportedly increased by a cumulative Rs 7.50 per litre since mid-May, while compressed natural gas (CNG) prices have gone up by around Rs 6 per kilogram. The adjustments reflect the continuing impact of elevated global crude oil and fuel prices on the domestic energy market.

Despite the recent revisions, industry sources maintain that oil marketing companies are still selling petrol and diesel below cost, resulting in significant losses on fuel sales. The government has so far limited the transfer of the full burden of higher international energy prices to consumers, with state-owned fuel retailers absorbing part of the increase. Analysts expect fuel pricing to remain closely linked to developments in global energy markets in the coming months.

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