Oil marketing companies have cut the price of 19 kg commercial LPG gas cylinders by ₹58.50, effective 1 July. In Delhi, this brings the new price down to ₹1,665 per cylinder.
Meanwhile, price of jet fuel (ATF) was sharply increased by 7.5 per cent after three rounds of price cuts.
Aviation turbine fuel (ATF) prices have been raised by ₹6,271.5 per kilolitre, or 7.5%, reaching ₹89,344.05 per kilolitre in the national capital, which is home to one of the busiest airports in India, according to state-owned fuel retailers. This price hike comes as a significant reversal, accounting for half of the total reductions made over the past three months.
The last reduction was on June 1, when prices fell by ₹2,414.25 per kilolitre (2.82%), bringing the rate down to ₹83,072.55 per kilolitre. Earlier, there were additional cuts of 4.4% (₹3,954.38 per kilolitre) on May 1 and a notable 6.15% (₹5,870.54 per kilolitre) on April 1.
The recent increase in ATF prices aligns with a rise in international oil prices following Israel’s recent military actions against Iran. This escalation in fuel costs is expected to add financial strain on commercial airlines, which allocate nearly 40% of their operating expenses to fuel.
LPG price cut in July
Earlier, in June, oil firms had announced a ₹24 cut for commercial cylinders, setting the rate at ₹1,723.50. In April, the price stood at ₹1,762. February saw a small ₹7 reduction, but March reversed this slightly with a ₹6 increase.A company official said, “The rate of 19 kg commercial LPG gas cylinders has been reduced by ₹58.50, effective from today.” For small businesses, this cut brings much-needed relief. Hotels, restaurants and other commercial users rely heavily on this fuel for their daily operations.
However, households will see no change in their kitchen budgets. The 14.2 kg domestic LPG cylinder price remains untouched, despite calls for a review. “There is no change in the prices of 14.2 kg domestic cylinders,” the companies confirmed.
Households use most of India’s LPG
About 90 per cent of India’s total LPG is used for household cooking. The remaining 10 per cent goes to commercial, industrial and automotive sectors. Domestic cylinder prices often stay stable even when commercial rates move up or down.
Crude basket keeps prices in check
India’s policy pegs natural gas prices to 10 per cent of the crude oil basket. The average cost of India’s crude basket dropped to $64.5 per barrel in May 2025, the lowest in three years. This drop is expected to ease pressure on oil firms. If crude prices stay near $65, oil companies expect LPG-related losses to fall by about 45 per cent in financial year 2026.
Over the last decade, domestic LPG connections have doubled to around 33 crore by April 2025 — a sharp rise showing how deeply cooking gas is tied to daily life in India.
