LPG News: The ongoing war between Iran and the US is causing trouble all over the world. Especially due to the increase in the prices of crude oil, the prices of gas cylinders and petrol and diesel are increasing. Talking about India, there has been a huge increase in the prices of petrol and diesel just a few days ago. After which the prices of commercial cylinders and small gas cylinders have increased since yesterday. At the same time, news is coming out that soon the prices of domestic gas cylinder i.e. 14.2 kg gas cylinder is also going to increase.

Oil companies are facing huge losses
In fact, recently it has been told by the government that government oil marketing companies (OMCs) are currently incurring a loss of about Rs 650 on every domestic LPG cylinder being sold. Talking about this, during a press briefing, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said, ‘OMC is currently incurring a loss of about Rs 650 per cylinder on the sale of domestic LPG.’

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The government is saving the household budget from spoiling.
The losses of oil companies on LPG are increasing, but even after this the government has not increased the prices of domestic gas cylinders to provide relief to the common people. The government wants that the fluctuations in the prices of oil and gas in the international market should not have a direct impact on the budget of households. According to officials, even after some recent changes in fuel prices, government oil companies (OMCs) are facing huge losses every day.

Commercial gas prices have increased recently
Let us tell you that recently from June 1, the prices of 19 kg commercial LPG cylinders have been increased. In big cities its price has increased to Rs 53.50. At the same time, the prices of small gas cylinders of 5 kg have also increased. However, there has been no change in the price of 14.2 kg domestic gas cylinder.

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