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LPG cylinder price hike, domestic cylinder by Rs 3.50 and commercial by Rs 8

by TLAteam May 19, 2022May 19, 2022
written by TLAteam May 19, 2022May 19, 2022
LPG cylinder price hike, domestic cylinder by Rs 3.50 and commercial by Rs 8

While inflation has already wreaked havoc on the average person’s budget, liquefied petroleum gas prices were also raised on Thursday.

Business News

The price of household cooking gas has been increased by Rs 3.50. As a result of the increase, domestic LPG cylinders have already surpassed the Rs 1000 mark. Commercial LPG cylinders have been raised by Rs 8 in addition to home LPG cylinders.

A 14.2kg LPG cylinder would now cost Rs 1003 in Delhi following the rate change. After the rate increase, a cylinder in Kolkata will cost Rs 1029, while a cylinder in Chennai will cost Rs 1018.5.

With Rs 8 per cylinder hike, a 19-kg commercial cylinder will be available at Rs 2354 in the National Capital. As for Kolkata, Mumbai and Chennai, the new rates are Rs 2454, Rs 2306 and Rs 2507 respectively.

Before this, the price of the domestic LPG was hiked on May 7 by Rs 50 per cylinder in line with a spike in international energy prices.

Meanwhile, the Jet fuel prices on Monday were hiked by a steep 5.3% – the tenth straight increase this year – to an all-time high, in line with a surge in global energy prices.

The price of aviation turbine fuel (ATF), the fuel that helps aeroplanes fly, was hiked by ₹6,188.25 per kilolitre, or 5.29%, to ₹1,23,039.71 per kl (₹123 per litre) in the national capital, according to a price notification of state-owned fuel retailers.

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