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Commercial LPG prices surge by Rs 195.50 amid escalating Middle East tensions

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New Delhi: State-owned oil marketing companies have announced a sharp increase of ₹195.50 in the price of commercial LPG cylinders, effective April 1, 2026. This hike brings the cost of a 19-kg commercial cylinder in Delhi to ₹2,078.50. The price revision follows a previous increase of ₹114.50 on March 1, marking a period of significant volatility for businesses and the hospitality sector. The recurring price hikes are largely attributed to the ongoing conflict in the Middle East, which has disrupted global energy supply chains and caused international oil prices to jump by nearly 50%.

In contrast to the commercial sector, prices for domestic cooking gas remain unchanged. The cost of a 14.2-kg domestic LPG cylinder in Delhi stays at ₹913, providing some relief to households. Domestic rates were last adjusted on March 7, when they saw a ₹60 increase, but have remained steady since then. Major suppliers including Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum review these rates on the first of every month, basing adjustments on international benchmarks and currency exchange fluctuations.

While gas prices are climbing for commercial users, the prices of petrol and diesel continue to show stability across the country. Fuel rates have remained static since a ₹2 per litre cut in March of last year, with petrol currently retailing at ₹94.72 per litre and diesel at ₹87.62 per litre in the national capital. Industry analysts note that while the government has managed to keep transport fuel prices steady, the sustained pressure on global crude markets due to geopolitical instability continues to impact broader energy costs.

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