Domestic cooking gas prices raised, a cylinder in Delhi to cost ₹50 more
The price of domestic cooking gas for December has been raised following a spike in global energy prices. Effective 15 December, the price of a 14.2 kg non-subsidized Indane liquefied petroleum gas (LPG) cylinder in Delhi has been increased by ₹50 to ₹644.
Fuel retailers revise prices of LPG cylinders, which is primarily dependent on the international benchmark rate of LPG, and the US dollar and rupee exchange rate.
The cost of the Indian basket of crude, which comprises Oman, Dubai and Brent crude, averaged $56.43 and $69.88 per barrel in FY18 and FY19, respectively. It was $69.88 per barrel in FY20. The price fell, following the outbreak of the covid-19 pandemic, to $19.90 a barrel in April, $30.60 in May, $40.63 in June, $43.35 in July, $44.19 in August, and $41.35 a barrel in September, according to data from the Petroleum Planning and Analysis Cell.
