Man gestures towards LPG cylinders on a Delhi street, reflecting rising commercial gas prices.
Commercial LPG prices in Delhi saw a sharp increase of ₹195.50, bringing the cost of a 19-kg cylinder to ₹2,078.50. This adjustment reflects the impact of rising global oil prices, exacerbated by ongoing tensions in West Asia.
While commercial LPG rates have increased, domestic cooking gas rates remain stable, as do petrol and diesel prices. The divergence suggests a targeted response to specific market pressures affecting commercial consumers.
The increase in LPG prices highlights the sensitivity of emerging markets like India to global energy market dynamics. As geopolitical tensions persist, businesses and consumers can expect continued volatility in energy prices, affecting operational costs and household budgets.