In yet another jolt to the common public, the Liquid Petroleum Gas (LPG) cylinder price hiked once again by Rs. 50. With the latest revision, the domestic LPG cylinders will retail at Rs. 999.50 in Delhi.
The hike in cylinder prices has come at a time when people are already troubled by the rising prices of petrol and diesel in the country. The LPG price hike would add to the woes of the common man in India.
Earlier this month, the prices of commercial LPG cylinders were increased. On May 1, the price of a 19-kg commercial LPG cylinder was increased by Rs 102.50, to Rs 2355.50, up from Rs 2253 before. Also, the price of a 5-kg LPG commercial cylinder was increased to Rs 655.
Previously, the rate of 19-kg commercial LPG was increased by Rs 250 per cylinder to Rs 2,253 on April 1. Further, the price of commercial LPG was hiked by Rs 105 on March 1, 2022.
The recent price hike in petrol and petroleum products is due to a sharp increase in global energy prices as a result of the Russia-Ukraine situation that has led to supply worries.