- LPG prices may be affected by global tensions.
LPG Gas Price Today 22 May: The increasing tension in the Middle East is affecting many countries. If we talk about LPG cylinder then there is no change in the prices of LPG cylinder in India on 22nd May i.e. Friday. This has provided some relief to domestic users, who are already facing the pressure of inflation. According to the latest rates released by Oil Marketing Companies (OMCs), the prices of 14.2 kg domestic LPG cylinder remain stable in major cities of the country.
LPG cylinder prices in major cities (Domestic & Commercial)
City Domestic LPG (14.2 Kg) Commercial LPG (19 Kg)
New Delhi ₹913.00 (0.00) ₹3,071.50 (+993.00)
Kolkata ₹939.00 (0.00) ₹3,202.00 (+994.00)
Mumbai ₹912.50 (0.00) ₹3,024.00 (+993.00)
Chennai ₹928.50 (0.00) ₹3,237.00 (+990.50)
Gurgaon ₹921.50 (0.00) ₹3,088.00 (+993.00)
Noida ₹910.50 (0.00) ₹3,071.50 (+993.00)
Bengaluru ₹915.50 (0.00) ₹3,152.00 (+991.00)
Bhubaneswar ₹939.00 (0.00) ₹3,238.00 (+993.50)
Chandigarh ₹862.50 (0.00) ₹3,092.50 (+993.00)
Hyderabad ₹965.00 (0.00) ₹3,315.00 (+994.00)
Jaipur ₹916.50 (0.00) ₹3,099.00 (+993.00)
Lucknow ₹950.50 (0.00) ₹3,194.00 (+993.00)
Patna ₹1,002.50 (0.00) ₹3,346.50 (+993.50)
Thiruvananthapuram ₹922.00 (0.00) ₹3,106.00 (+993.00)
Why are LPG prices stable?
Let us tell you that despite the fluctuations in the prices of crude oil and LPG in the international market, oil companies are currently providing relief to domestic users. Companies like Indian Oil, Bharat Petroleum and Hindustan Petroleum are bearing some of the cost themselves. According to reports, due to rising freight charges and supply pressure globally, the losses of companies have also increased, but its direct impact has not yet been made on domestic prices.
impact of global stress
The global energy market remains volatile due to ongoing tensions in the Middle East and supply concerns related to the Strait of Hormuz. Experts believe that if international prices remain high for a long time, domestic LPG rates may be affected in the future.
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