Commercial LPG rate hiked by ₹195, jet fuel price doubled to ₹2 lakh

E-PaperSubscribeSubscribeEnjoy unlimited accessSubscribe Now! Get features like Amid ongoing global energy supply disruptions, state-run oil marketing companies on Wednesday raised prices of commercial LPG and aviation turbine fuel (ATF), marking a significant increase across key fuel segments. This is the second time this month that price of commercial LPG cylinders has been hiked. (PTI)The price of a 19kg commercial LPG cylinder was hiked by ₹195.5, taking the rate in Delhi from ₹1,883 on March 7 to ₹2,078.50 on Wednesday, a 10.4% increase. Commercial LPG is widely used by hotels, hostels and restaurants, and this is the second price hike in less than a month. Earlier, on March 7, the price of 19kg commercial LPG cylinders was raised by ₹114.50 to ₹1,883 per cylinder in Delhi. On the same day, domestic cooking gas (14.2kg cylinder) prices were also increased by ₹60 across the country, pushing the retail price in Delhi to ₹913 — the highest since August 2023. Aviation turbine fuel prices witnessed an even sharper surge. ATF for domestic airlines rose from ₹96,638.14 per kilolitre on March 1 to ₹207,341.22 per kilolitre in Delhi, registering a 114.55% increase. For international airlines, ATF prices jumped from $816.91 per kilolitre on March 1 in Delhi to $1,690.81 per kilolitre from April 1, marking a 107% rise. The retail LPG and ATF market in India is dominated by three state-run oil marketing companies — Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited.