State-owned oil marketing companies have announced a significant hike in LPG cylinder prices, effective Saturday. Households will now pay ₹913 for a 14.2-kg non-subsidised domestic cylinder, up from ₹853—a steep increase of ₹60. Commercial cylinders, commonly used by businesses like restaurants and hotels, saw an even larger jump of ₹114.5 per unit.
This marks the second price rise within a year for domestic cooking gas, reflecting ongoing fluctuations in global energy prices triggered by escalating military tensions in the Middle East. Industry experts point out that these geopolitical conflicts are raising serious concerns about supply stability and market sentiment across key oil and gas routes.
As crude oil prices continue to climb amid these tensions, worries about fuel availability have surfaced. However, both Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation (IOCL) have moved quickly to dispel rumors regarding petrol and diesel shortages. In posts on their X handles, they labeled such claims as “baseless” and “completely unfounded.”
“BPCL is fully operational,” the company stated, assuring customers that there are no reasons to panic about fuel supplies. They highlighted India’s reliable energy infrastructure and ample reserves.
Similarly, IOCL reiterated that reports suggesting a fuel shortage are false. They confirmed that distribution networks are functioning normally throughout the country.
“Citizens are requested not to crowd fuel stations,” IOCL urged in its social media post. “For accurate information, rely only on official sources.”