Commercial LPG gets cheaper by ₹183; domestic prices remain unchanged

Oil companies announced a significant reduction in the prices of 19 kg commercial liquefied petroleum gas (LPG) cylinders across the country, marking the first rate cut for commercial cylinders in 2026. Effective July 1, 2026, the retail price for a commercial cylinder in Delhi dropped by ₹183.50, bringing the total cost down to ₹2,930. Consumers in Patna will experience a reduction of ₹173, while rates in other major metropolitan hubs like Mumbai, Kolkata, and Chennai have settled at ₹2,885.50, ₹3,072, and ₹3,100 respectively. Meanwhile, prices for the 14.2 kg domestic LPG cylinders remain completely unchanged for the month.

The downward price revision follows a notable easing of geopolitical tensions in West Asia, which had previously disrupted global energy markets and forced multiple rate hikes earlier in the year. Alongside the commercial cylinder cuts, oil marketing companies also slashed the price of 5 kg Free Trade LPG (FTL) cylinders by ₹13, bringing the retail rate in Delhi down to ₹808.50. This relief comes after a turbulent first half of the year, which saw domestic cylinders rise by ₹60 in March and commercial rates surge by ₹195.50 in April due to regional conflicts.

Before this deflationary adjustment, fuel rates had been steadily climbing due to high import costs and supply chain constraints, leaving oil marketing companies to manage deep under-recoveries. Just last month in June, domestic LPG costs were increased by ₹29, which brought the capital's household cylinder rate up to its current ₹942. With international oil supply routes stabilizing, state-run energy suppliers were able to pass on the lower procurement costs to commercial establishments, signaling a period of stabilization for local businesses and industries reliant on bulk gas.