Govt. cites oil firm losses for latest LPG price hike

ECONOMY – ENERGY

8 JUNE 2026

  • The price of a domestic LPG cylinder has gone up by ₹89 overall since the beginning of the war in West Asia, following the latest hike by ₹29 on June 7, 2026. This was the second increase since the crisis began three months ago.
  • With the latest increase, the 14.2-kg domestic LPG cylinder costs ₹942 in Delhi, ₹941.5 in Mumbai, ₹968 in Kolkata and ₹957.5 in Chennai.
  • On March 7, 2026 the government last increased domestic LPG prices by ₹60 per cylinder.
  • There was no increase in the price of the 19-kg commercial LPG cylinder and the 5-kg free trade LPG (FTL) cylinder.
  • However, since the war began, prices of both variants have seen multiple hikes, with cumulative increase of ₹1,345 (per commercial LPG cylinder) and ₹323 (per FTL cylinder).
  • In a statement, the government said that state-owned oil marketing companies are now absorbing under-recoveries, that is, the difference between effective cost and selling price, on domestic LPG at about ₹700 per cylinder.
  • At current rates, domestic LPG is discounted by about 45% as against current international pricing, it added.

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