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[BUSINESS] · India · 2 sources

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India raises domestic LPG cylinder price by ₹29 amid West Asia crisis

State‑owned oil marketing companies – Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum – increased the retail price of a 14.2 kg domestic cooking‑gas cylinder by ₹29 on 7 June 2026. The new price is ₹942 in Delhi (up from ₹913), ₹941.50 in Mumbai and ₹994 in Hyderabad, with city‑level variations reflecting local taxes and transport costs. This is the second hike in three months, bringing the cumulative increase to ₹89 per cylinder since the West Asia conflict began in late February, when the Saudi Contract Price benchmark jumped 46 %.

The Ministry of Petroleum and Natural Gas said the cost of supplying a cylinder now exceeds ₹1,600, creating an under‑recovery of about ₹700 per domestic cylinder. Ujjwala‑scheme beneficiaries see their price rise from ₹613 to ₹642 in Delhi, still lower than the market price because of direct subsidies. Additional Secretary Praveen Mal Khanuja noted that the subsidy acts as an “indirect subsidy” for non‑Ujjwala consumers, while the real cost remains over ₹1,600 per cylinder.