India domestic LPG price hiked
Analysis based on 78 articles · First reported Jun 06, 2026 · Last updated Jun 08, 2026
The price hike of domestic LPG cylinders in India>>> will negatively impact household budgets, potentially leading to reduced consumer spending in other sectors. State-owned fuel retailers like Indian Oil Corporation>>>, Petroleum>>>, and Hindustan Petroleum>>> continue to face significant under-recoveries, which could affect their profitability and require government support, impacting public finances.
Domestic LPG prices in India>>> have been increased by INR 29 per 14.2-kg cylinder, effective June 7, bringing the cost in Delhi to INR 942. This is the second hike in three months, following a INR 60 increase in March, totaling INR 89. The price revisions are attributed to elevated global energy costs, particularly Brent Crude>>> prices around USD 100 per barrel, and geopolitical tensions in West Asia>>> affecting supply chains, including the Strait of Hormuz>>>. State-owned fuel retailers, including Indian Oil Corporation>>>, Petroleum>>>, and Hindustan Petroleum>>>, continue to incur substantial losses, estimated at INR 703 per LPG cylinder before the latest hike, and also face under-recoveries on petrol and diesel. Sujata Sharma>>> of the India — Ministry of Petroleum and Natural Gas>>> confirmed that under-recoveries remain high. The government has partially absorbed these costs, but the increases reflect ongoing volatility in global energy markets and rising import costs for India>>>.
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