MUST READ | Commercial LPG cylinder prices rise! Rates up by ₹42 in Delhi from June 1 in a second hike since May
14.2 kg LPG cylinder rates on June 1
| Cities |
Price (₹/cylinder) |
| Delhi |
913 |
| Bengaluru |
915.50 |
| Hyderabad |
965 |
| Mumbai |
912.50 |
| Chennai |
928.50 |
| Kolkata |
939 |
Commercial (19kg) LPG cylinder rates on June 1
| Cities |
Price (₹/cylinder) |
| Delhi |
3,113.50 |
| Bengaluru |
3,198 |
| Hyderabad |
3,367 |
| Mumbai |
3,067.50 |
| Chennai |
3,283 |
| Kolkata |
3,255.50 |
CNG prices across major cities on June 1
| Cities |
Price (₹/kg) |
| Delhi |
83.09 |
| Bengaluru |
95 |
| Hyderabad |
97 |
| Mumbai |
86 |
| Chennai |
95 |
| Kolkata |
93.50 |
PNG prices across major cities on June 1
| Cities |
Price (₹/SCM) |
| Delhi |
47.90 |
| Bengaluru |
52 |
| Hyderabad |
51 |
| Mumbai |
50 |
| Chennai |
50 |
| Kolkata |
50 |
The hikes aim to ease margin pressure on oil firms without causing a major inflationary shock, though inflation is expected to be affected. The government delayed energy price revisions but implemented the hikes 16 days after Assembly elections in Assam, Kerala, Tamil Nadu and West Bengal concluded.
The rise in fuel prices followed a surge in global prices after the US-Israel attack on Iran on February 28 and Tehran’s retaliation, which led to the closure of the Strait of Hormuz and pushed up domestic fuel prices. Before the conflict, India sourced over 40 per cent of its crude oil imports and about 90 per cent of its LPG from the Middle East through the Strait of Hormuz.
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There has been some relief with talks to extend the US-Iran ceasefire and reopen the Strait of Hormuz, but the arrangement is not yet finalised. Four sources told Reuters that negotiators had agreed to extend the current truce by 60 days and restore unrestricted shipping through the waterway, closed since February 28. However, US President Donald Trump has not approved the deal, and Iranian state media said the text was not finalised.
The latest commercial LPG price increase is the second since May 1, when oil companies raised prices by Rs 993 per cylinder amid disruptions to global LPG supplies linked to the Middle East conflict.
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Amid supply chain pressures, the government said it is taking steps to strengthen fuel reserves and manage domestic supplies. At an inter-ministerial briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said India currently has sufficient stocks of petrol, diesel, LPG and natural gas, and refineries are operating at optimal capacity. LPG production has reached nearly 90 DMT per day, and no supply disruptions have been reported at distributorships. The government has directed oil marketing companies to maintain a minimum 30-day LPG reserve as part of strategic reserves.
On demand, Sharma said the current LPG requirement is around 72,000 metric tonnes per day, while domestic refineries produce between 50,000 and 52,000 metric tonnes. The LPG backlog has been reduced to 4.5 days, indicating better supply management.