New Delhi/Chandigarh, March 7: The cost of domestic LPG cylinders saw a sharp increase on March 7, with oil marketing companies announcing a Rs 60 hike per unit. According to the latest figures from the Indian Oil Corporation, a standard 14.2-kg non-subsidised cylinder in Delhi is now priced at Rs 913.
The price hike is largely attributed to the ongoing conflict in West Asia, which has disrupted global energy markets. Experts noted that the tensions involving Iran have led to a spike in crude and gas benchmarks, forcing domestic distributors to pass on the costs to consumers.
“Domestic 14.2kg non-subsidised LPG cylinder now costs Rs 913 in Delhi,” the company stated in its latest pricing update. Authorities maintained that the decision was driven by the necessity to align with the rising procurement costs observed in the international sector.
This latest move adds a new burden to middle-class household expenditures across the city. Unlike beneficiaries of the Ujjwala scheme who receive targeted support, general consumers must bear the full extent of the Rs 60 increase.
Government sources asserted that they are monitoring the situation closely as the West Asia crisis evolves. They declared that while they aim for price stability, the current global energy landscape remains unpredictable.
The updated pricing structure is already being implemented at distribution centers across the capital. Market observers asserted that further fluctuations could occur if the geopolitical standoff in the Gulf continues to impact supply chains.
