Oil marketing companies (OMCs) on Wednesday raised prices of both domestic and commercial LPG cylinders, while that of jet fuel received a cut in a move that could help lower air fares.
The price of non-subsidized 14.2-kg domestic LPG cylinder has been increased by `50 to `1,103 in the national Capital, showed data on the Indian Oil Corp site. The price of the 19-kg commercial LPG cylinder witnessed a steep hike of `350.50 to `2,119.50 per cylinder.The hike in domestic cooking gas prices comes after a gap of around seven months post the last revision in July 2022. The price of commercial LPG cylinders which is largely used in restaurant and hotels has been raised twice this year.
Opposition parties on Wednesday hit out government over hike in price of LPG cylinders soon after assembly and bypoll elections ended, the results of which is to be declared on Thursday. Demanding an immediate roll back of price, Congress announced that if it comes to power at Centre, it would end "loot" by providing cylinders for domestic users under Rs 500.