Updated: October 6, 2021 12:41:26 pm
The price of liquefied petroleum gas (LPG), the most widely used cooking gas, has been raised by Rs 15 per cylinder on Wednesday by India’s key oil marketing companies (OMCs) in line with a surge in international crude prices, news agency PTI reported.
The rates of both subsidised and non-subsidised LPG cylinders were hiked, it said citing oil company officials.
With this, the price of a non-subsidised 14.2 kg LPG cylinder will now cost Rs 899.50 in Delhi, the report said.
Prior to the latest hike, the price of non-subsidised LPG gas cylinder was hiked by Rs 25 on September 1, 2021, and before that, it was hiked by another Rs 25 per cylinder on August 17, 2021, data available on the Indian Oil Corporation’s website showed.
In India, the OMCs sell 14.2 kg cylinders to domestic households at the prices prevalent in the open market, but the government provides subsidies for 12 such cylinders to every household each year with the help of a direct benefit transfer to their bank accounts.
Separately, prices of key auto fuels too reached fresh all-time highs on Wednesday. Petrol price was increased by 30 paise per litre and diesel by 35 paise a litre in the national capital.
Meanwhile, global benchmark Brent jumped to $82.53 per barrel, while West Texas Intermediate rose to $78.87 a barrel.
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