Ahead of Diwali, LPG prices for commercial cylinders were increased by Rs 265 per cylinder on Monday. After this hike, the commercial cylinder price in Delhi has crossed Rs 2,000.50 from Rs 1,734 earlier.
There was no increase in the price of domestic LPG cylinders.
In Kolkata, the price of a commercial LPG cylinder is now Rs 1,805.50. In Mumbai, a 19 kg commercial cylinder sold at Rs 1,683, will cost Rs 1,950 after today's hike. In Chennai commercial cylinders will be sold at Rs 2,133 after the hike.
Brent crude prices are now hovering near $84 per barrel while the dollar-rupee exchange rate on Friday closed at 74.88 mark, putting pressure on LPG prices.
Keeping in view the rising prices of crude oil, it is expected that domestic LPG cylinder prices may cross the Rs 1,000 mark soon.
Petrol and diesel rates also witnessed their steepest increase in recent weeks, pushing prices to all-time high levels across the country.
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