LPG prices hiked by Rs 16.50 per non-subsidised cylinder; ATF by 0.6%

LPG prices hiked by Rs 16.50 per non-subsidised cylinder; ATF by 0.6%

Price of non-subsidised cooking gas (LPG) was on Tuesday hiked by Rs 16.50 per cylinder and that of jet fuel by over half-a-per cent after international oil prices surged due to the ongoing Iraq crisis. br br The increase in rates of non-subsidised LPG and ATF accompanies the Rs 1.69 a litre hike in petrol and 50 paisa a litre in diesel announced yesterday. br br The price of non-subsidised LPG, which customers buy after using up their quota of 12 subsidised cylinders, was raised by Rs 16.50 per 14.2-kg cylinder, the first hike in six months. br br Each non-subsidised 14.2-kg cooking gas cylinder will now cost Rs 922.50 in Delhi, up from Rs 906, according to Indian OilBSE -0.56 Corp (IOC), the nation's largest oil firm. br br Non-subsidised LPG rates were last month cut by Rs 23.50 per cylinder. br br A subsidised LPG cylinder in Delhi costs Rs 414. Today's hike breaks the declining trend that started in February with a Rs 107 cut in rates to Rs 1,134 per cylinder. br br It was followed by a Rs 53.5 per cylinder reduction in March to Rs 1,080.50, by Rs 100 to Rs 980.50 in April, by Rs 52 in May and by Rs 23.50 cut last month.


User: Inkhabar

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Uploaded: 2019-03-01

Duration: 01:23

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