India's petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy.
In Delhi, the cost of a 19-kg commercial LPG cylinder has increased by Rs 62, now retailing at Rs 1,802, up from Rs 1,740.
Oil marketing companies have announced a Rs 48.50 hike in the price of 19 kg commercial liquefied petroleum gas (LPG) cylinders ahead of the festive season.
Around 33 truckloads of cylinders have been stranded inside the LPG bottling plant of a nationalised navaratna company since yesterday morning causing severe inconvenience to the transporters and the domestic fuel provider, ahead of the festivities.
State-backed oil marketing companies slashed prices of 19 kg commercial LPG cylinders by Rs 30 per cylinder with effect from July 1.
Oil marketing companies on Tuesday reduced the prices of commercial LPG cylinders by Rs 99.75, however the prices of domestic cooking gas cylinders have been kept unchanged, as per sources.
According to the West Central Railway CPRO, the derailment took place while the goods train was placed for unloading.
According to Indian Oil Corporation (IOCL), the subsidized LPG cylinder price in March 2014 was Rs 410. After the latest increase, the price of 14.2 kg domestic LPG cylinder has increased by Rs 50 while single domestic LPG cylinder will cost Rs 1053 in Delhi.
With the latest reduction, a 19-kg commercial Liquefied petroleum gas (LPG) cylinder in Delhi will now cost Rs 2219.
The 5-kg LPG cylinder is now priced at Rs 655. Earlier on April 1, the price of 19-kg commercial LPG was hiked by Rs 250 per cylinder. With this, the 19-kg commercial cooking gas will now cost Rs 2,253. The commercial LPG price was previously increased by Rs 105 on March 1.
