The LPG cylinder price has been once again raised by Rs 15 per cylinder by India’s key oil marketing companies (OMCs) after the surge in international crude prices, PTI reported.
The rates for subsidised as well as non-subsidised LPG cylinders are hiked said the oil company officials. As a result, the price of a non-subsidized 14.2 kg LPG cylinder will now cost Rs 899.50 in Delhi.
Earlier, on September 1, 2021, the price of a non-subsidised LPG gas cylinder was hiked by Rs 25, and before that, another Rs 25 per cylinder on August 17, 2021, as per the data available on the Indian Oil Corporation’s website.
In India, the Oil Marketing Companies sell 14.2 kg cylinders to domestic households at the prices customary in the open market, but the government provides subsidies for 12 such cylinders to every household each year with the help of a direct benefit transfer to their bank accounts.
Apart from this, Petrol is increased by 30 paise per litre and diesel by 35 paise a litre in the national capital, on Wednesday. Meanwhile, the global benchmark Brent has jumped to $82.53 per barrel, while West Texas Intermediate rose to $78.87 a barrel.