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Household budgets are set to face additional strain as domestic cooking gas prices have been increased by Rs 29 per cylinder. Effective Sunday, June 7, 2026, this marks the second price revision in just three months, driven primarily by soaring global energy costs. With this latest update, the price of a standard 14.2-kg liquefied petroleum gas (LPG) cylinder in New Delhi has climbed to Rs 942.00, up from the previous rate of Rs 913.00.
The current price hike follows a substantial Rs 60-per-cylinder increase implemented on March 7, which was triggered by Middle East conflicts that severely disrupted international fuel supplies. Despite these consecutive adjustments, industry sources reveal that state-run oil marketing companies were still enduring heavy losses. Before this Sunday's revision, these firms were estimated to be losing approximately Rs 703 on every domestic LPG cylinder sold across the country.
This upward trajectory in cooking gas rates reflects a broader trend of escalating fuel prices impacting consumers in recent weeks. Since mid-May, retail prices for petrol and diesel have surged by a cumulative Rs 7.50 per litre, while compressed natural gas (CNG) costs have simultaneously risen by about Rs 6 per kg. The price pressure is being felt uniformly across major metros, with the new LPG rates settled at Rs 968.00 in Kolkata and Rs 941.50 in Mumbai.
Even with these frequent retail price hikes, oil marketing companies continue to supply essential automotive fuels below their actual procurement costs to insulate consumers from extreme market volatility. Industry estimates indicate that under-recoveries remain high, with oil firms losing around Rs 11 per litre on petrol and Rs 33.6 per litre on diesel. Consequently, further domestic fuel price corrections could be on the horizon if global crude oil markets do not stabilise soon.