Oil manufacturing companies (OMCs) hiked the price of LPG (Liquefied Petroleum Gas) for domestic use again on Saturday. The 14.2 kg cylinder will now cost Rs 50 extra. With this hike, one cylinder will almost cost Rs 1,000 i.e Rs 999.5/cylinder from today.
The hike in cylinder prices has come at a time when the middle-class community are already struggling with rising petrol & diesel prices. Last week, the price of commercial cylinders was hiked by Rs 102 and now the domestic cylinders are also facing the same wrath.
On May 1, the price of a 19-kg commercial LPG cylinder was increased by Rs 102.50, to Rs 2355.50, up from Rs 2253 before. Also, the price of a 5-kg LPG commercial cylinder was increased to Rs 655.
Since the assembly elections were held in 5 states, the prices of petrol, diesel and LPG are on the rise. On March 22, the subsidised domestic LPG cylinder increased by Rs 50. This change was seen after several months as after October 2021, there was no change in the prices of LPG cylinders.
The prices of domestic LPG gas cylinders vary from one state to another due to local taxes. They determine the prices of LPG cylinders at the beginning of every month.
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