New Delhi, May 1 (BNP): In a major setback for businesses and commercial establishments, oil marketing companies have sharply increased the price of 19-kg commercial LPG cylinders by ₹993 with effect from May 1, 2026. The steep hike is among the sharpest monthly increases in recent years and is expected to significantly impact hotels, restaurants, caterers, bakeries, roadside eateries, and small businesses across the country.
Following the latest revision, the new rates of 19-kg commercial LPG cylinders in key metro cities are:
Delhi: ₹3,071.50
Mumbai: ₹3,046.50
Bengaluru: ₹3,190.00 (approx.)
Kolkata: ₹3,175.00 (approx.)
In contrast, the price of the 14.2-kg domestic LPG cylinder remains unchanged, offering relief to household consumers. In Delhi, the domestic LPG cylinder continues to be priced at ₹913.
Oil companies usually review and revise LPG prices on the first day of every month based on international fuel prices, exchange rates, and market conditions.
This marks the third consecutive increase in commercial LPG prices in recent months. The rate was raised by ₹144 in March, followed by another hike of nearly ₹200 on April 1. With the latest increase, commercial users are expected to face mounting operational costs.
Industry experts attribute the sharp rise to growing uncertainty in global energy markets and escalating geopolitical tensions in West Asia. The ongoing conflict involving the US, Israel, and Iran, which began on February 28 and has now entered its eighth week, has disrupted shipping movement through the Strait of Hormuz — one of the world’s most critical energy transit routes.
The disruption in crude oil and gas supply chains has added pressure on global fuel prices, prompting domestic price revisions.
Meanwhile, Indian Oil Corporation Ltd. has also announced hikes in bulk diesel and aviation turbine fuel (ATF), commonly known as jet fuel, used for international airline operations. However, the company has not disclosed the revised rates in its official statement or on its website.
In a statement, Indian Oil said, “Price revisions have been limited to select industrial segments, which constitute a relatively small share of overall consumption and are subject to routine monthly adjustments based on prevailing international prices.”
The latest LPG price hike is expected to raise costs across several sectors, with many businesses likely to pass the additional burden on to consumers in the coming weeks.
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