Daijiworld Media Network – New Delhi
New Delhi, Jul 1: After hike in prices of petrol and diesel, non-subsidised liquefied petroleum gas (LPG) prices have been increased by Rs 25 on July 1.
With the latest price hike, LPG prices have gone up by Rs 140 per 14.2-kg cylinder in the last six months. The price hike comes along with the steep hike in petrol price which is inching towards a three-digit figure in several metro cities.
The price of a 19 kg commercial cylinder has been increased by Rs 76.
Meanwhile, international oil prices have climbed in recent weeks on optimism of a quick recovery in fuel demand.
Based on the international benchmark rate of LPG and the exchange rate of US dollar and rupee, LPG cylinder rates are revised at the beginning of each month.