LPG cylinder prices hiked by Rs 15. Check prices in major cities

KEY STORY

• Oil marketing companies on Wednesday increased prices of domestic LPG cylinders by Rs 15 for the fourth time in two months. After this hike, the price of a non-subsidised 14.2 kg cylinder in Delhi is now Rs 899.50 and the new rate of 5kg cylinder is Rs 502. The revised prices are effective from today.

• Earlier on September 1, prices of both subsidised and non-subsidised LPG cylinders were hiked by Rs 25. On August 17 also prices were increased by Rs 25 per cylinder.

• The two main factors that determine the prices of LPG cylinders in India are global crude oil prices and the dollar-rupee exchange rate as crude prices are denominated in US dollar. While Brent crude prices have increased to their highest level since 2014, the dollar-rupee exchange rate on Tuesday crossed 74.50 mark, putting pressure on LPG prices.

• As per existing rules, households are eligible to get 12 cylinders of 14.2kg each at subsidised rates. Any quantity over this has to be bought at market price or non-subsidised rates.

  Here are the latest LPG price list for 14.2 kg cylinder in major cities:

  New Delhi – Rs 899.50

  Mumbai – Rs 899.50

  Kolkata – Rs 911.00

  Chennai – Rs 900.50

  Gurgaon – Rs 893.50

  Noida – Rs 882.50

  Bengaluru – Rs 887.50

  Chandigarh – Rs 894.00

  Jaipur – Rs 888.50

  Patna – Rs 974.50

  Bhubaneshwar – Rs 886.00

  Hyderabad – Rs 937.00

  Trivandrum – Rs 894.00

  Lucknow – Rs 922.50