Value of economic LPG cylinder slashed by ₹24, efficient June 1
Oil advertising and marketing firms introduced on Saturday that the costs of economic LPG gasoline cylinders will likely be lowered by ₹24 from June 1, making the retail sale worth ₹1723.50.
In Delhi, the retail worth of a 19 kg business LPG cylinder will now be ₹1,723.50.
In April, the worth of economic 19 kilogram LPG gasoline cylinders have been lowered to ₹1,762. Costs had additionally been slashed by ₹7 in February however have been hiked once more by ₹6 in March, 2025.
The costs for home LPG home cylinders remained unchanged.
The brand new worth adjustment will likely be constructive information for business institutions in addition to small companies, together with eating places, resorts, and others, that rely closely on LPG for his or her operations.
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In India, round 90 per cent of LPG consumption is used for family cooking, whereas the remaining 10 per cent is utilized in industrial, business, and automotive sectors.
LPG costs may have variations from state to state based mostly on native taxes and transportation prices.
Cooking gasoline costs stay the identical
The BJP-led Union authorities had elevated the LPG home cylinder worth by ₹50 in March after international crude oil costs rose as a consequence of tariffs introduced by US President Donald Trump.
India’s coverage mandates that the pure gasoline produced within the nation be priced 10 per cent of the crude basket. The typical value of the Indian crude basket fell to $64.5 a barrel in Might 2025, which is the bottom in over three years.
LPG losses incurred by oil advertising and marketing firms are anticipated to lower by round 45 per cent within the monetary yr 2026 if crude oil costs stay steady at $65 per barrel.
Over the past ten years, the variety of home LPG customers has doubled, reaching roughly 33 crores as of April 1, 2025.
