Technoglitch
Core Member
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.
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.
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.
Each non-subsidised 14.2-kg cooking gas cylinder will now cost Rs 922.50 in Delhi, up from Rs 906, according to Indian Oil Corp (IOC), the nation's largest oil firm.
Non-subsidised LPG rates were last month cut by Rs 23.50 per cylinder.
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.
LPG prices hiked by Rs 16.50 per non-subsidised cylinder; ATF by 0.6% - The Economic Times
