LPG Rate Today: While the price of commercial gas cylinders saw a significant reduction of ₹183.50 on July 1, domestic LPG consumers have not received any relief recently.
LPG Rate Today (July 9): Prices for domestic and commercial gas cylinders remain stable in India today, Thursday, July 9. In Delhi, the price of a 14.2 kg domestic LPG cylinder is ₹942, while the rate for a 19 kg commercial cylinder is ₹2,930. Following a sharp 6% surge in crude oil prices in the international market yesterday, there is speculation that oil companies might review gas prices again in the near future.
City-wise LPG prices
| City | Domestic LPG Cylinder Price | Commercial LPG Cylinder Price |
|---|---|---|
| Delhi | ₹942.00 | ₹2,930.00 |
| Mumbai | ₹941.50 | ₹2,885.50 |
| Kolkata | ₹968.00 | ₹3,082.00 |
| Chennai | ₹957.50 | ₹3,106.00 |
| Chandigarh | ₹951.50 | ₹2,954.50 |
| Dehradun | ₹961.00 | ₹2,983.50 |
| Hyderabad | ₹934.00 | ₹2,052.50 |
| Ghaziabad/Noida | ₹968.00 | ₹3,115.00 |
| Thiruvananthapuram | ₹939.50 | ₹2,930.00 |
Will gas cylinder prices rise?
Global financial markets witnessed volatility on Wednesday after US President Donald Trump questioned the temporary ceasefire with Iran. Oil prices saw a sharp increase; the price of Brent crude rose by approximately 5.2% to reach $78.02 per barrel, briefly crossing the $80 per barrel mark during trading. Any significant fluctuation in international benchmark prices for crude oil and LPG impacts domestic fuel prices in India.
State-owned oil companies (IOCL, HPCL, BPCL) periodically review commercial gas prices. If price pressures mount internationally, the ₹183.50 reduction granted on July 1 could be reversed in the next review. As for domestic gas, the government strives to keep prices stable; however, if crude oil prices and under-recoveries continue to rise, the government is compelled to increase prices for this category as well.
