The Ministry of Petroleum and Natural Gas on Wednesday said domestic LPG consumers, as well as regular petrol and diesel users, remain protected from the impact of rising global fuel prices, even as commercial LPG cylinders and select fuel categories have seen price increases.
In a post on X, the Ministry said, “Prices of Commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis. Their consumption is less than 10% of the total LPG consumed in the country.”
Explaining the latest revision, it added, “April 1 price increase in Commercial cylinder price is due to a 44% surge in the Saudi Contract Price: from $542/MT in March to $780/MT for April, as 20-30% of global LPG supplies are stuck in Strait of Hormuz.”
Reassuring households, the Ministry emphasised “in line with the commitment of Prime Minister Narendra Modi, the domestic consumer continues to be comprehensively protected.” The price of a 14.2 kg domestic LPG cylinder remains unchanged at ₹913, while beneficiaries under the PM Ujjwala Yojana continue to receive cylinders at ₹613.
The government also highlighted the financial burden being absorbed to maintain stable prices. “At current prices, OMCs are incurring under recovery of Rs 380/cylinder. Cumulative losses by end-May will reach approximately Rs 40,484 crore. Last year also, out of total losses of Rs 60,000 crore, Rs 30,000 crore were absorbed by Oil PSUs and Rs 30,000 crore by Government of India, in order to insulate the Indian citizen from high international LPG prices.”
It further noted that India’s domestic LPG prices remain among the lowest globally compared to Pakistan, Sri Lanka, and Nepal.
On fuel prices, the Ministry said, “Regular petrol and diesel prices – the fuel that India runs on – are unchanged i.e. at Rs 94.77/litre and Rs 87.67/litre in Delhi. With global petroleum prices up by upto 100% in the last 1 month, PSU OMCs are incurring under-recoveries of Rs 24.40/litre on petrol and Rs 104.99/litre on diesel at RSP level as on 01.04.2026.”
The Ministry clarified that “the recent Rs 2/litre revision applies only to premium petrol variants – XP95, Power95, Speed – high-octane performance products, whose prices are revised on fortnightly basis and whose sales by volume are 2% and 5% of total volume. They are purchased by motorists, at a premium, by choice.”
“Every pump in India continues to offer regular petrol and diesel at unchanged prices, even as prices in countries all over the world have risen by 30-50%,” the Ministry reassured consumers.
The clarification comes amid escalating global energy tensions and disruptions in supply chains following the closure of the Strait of Hormuz.
Meanwhile, commercial LPG prices have risen across major cities. In Delhi, the price of a 19 kg commercial cylinder has increased to ₹2,078.50, while in Kolkata it has gone up by ₹218. Smaller 5 kg cylinders have also seen price hikes. However, domestic LPG prices remain unchanged at ₹913 per 14.2 kg cylinder.
The Ministry also highlighted steps taken to cushion the aviation sector from fuel shocks.
“ATF prices in India were deregulated in 2001 and are revised on monthly basis based on a formula of international benchmarks. Due to the closure of Strait of Hormuz and extraordinary situation in global energy markets, price of ATF for domestic markets was expected to increase by more than 100% on 1 April.
In order to insulate the domestic travel costs from the substantial increase in international prices, PSU Oil Marketing Companies of the Ministry of Petroleum, in consultation with Ministry of Civil Aviation, have passed only a partial and staggered increase of 25% (only Rs.15/litre) to the airlines. Foreign routes will pay for the full increase in ATF prices consistent with what they pay in other parts of the world.”
The government reiterated that these calibrated measures are aimed at protecting consumers and key sectors from volatility in international energy markets.
(With ANI inputs)
