The oil marketing companies (OMCs) again hiked the price of Liquefied Petroleum Gas (LPG) domestic gas cylinder (14.2 kg) by Rs 25 per cylinder from Thursday.
The price of the liquefied petroleum gas (LPG) cylinder has been increased in Delhi by Rs 25 per cylinder from Wednesday, 25 February 2021. This is the third spike in February, which takes the cumulative hike to Rs 100 per cylinder in a month.
Prior to this, the price of LPG cylinder was hiked on February 14 and February 4. This is the first time in the recent history of India that the cooking gas prices have been increased three times in a month. Since December cooking gas price has been hiked by Rs 200 per cylinder.
From today, a domestic gas cylinder will now cost Rs 794 in the national capital. A 14.2 Kg gas cylinder cost Rs 769 in Delhi earlier. First, it was increased on February 4 by Rs 25 costing Rs 719 and then on February 14 by Rs 50 ( Rs 769). Since December cooking gas price has been hiked by Rs 200 per cylinder.
In India, the state-run oil companies are tasked with determining the price of LPG gas cylinder which is revised on a monthly basis. It is highly affected by international fuels rates. The LPG price depends on factors such as international fuel rates and US dollar-rupee exchange rates.
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