After effecting a cut in prices of non-subsidised cooking gas (lPG) cylinders by Rs 23.50 a bottle, the Government on Tuesday hiked their prices by Rs 16.50 per cylinder and that of aviation turbo fuel (ATF) by over half-a-per cent after international oil prices surged due to the ongoing Iraq crisis.
The increase in rates of non-subsidised lPG and ATF came just a day after oil marketing companies (OMCs) had hiked petrol and diesel prices. The price hike of non-subsidised lPG, which customers buy after using up their quota of 12 subsidised cylinders, was the first raise in six months. Each non-subsidised 14.2-kg cooking gas cylinder will now cost Rs 922.50 in Delhi, up from Rs 906 according to Indian Oil.