Shocker to consumers: Domestic LPG cylinder price hiked by Rs 15

New Delhi, Oct 6: Oil marketing companies have increased the price of domestic Liquefied Petroleum Gas (LPG) cylinders yet again. The prices of LPG cooking gas cylinders across all categories including subsidised gas on Wednesday were hiked by Rs 15 per cylinder. This is the fourth straight increase in rates in less than two months. After the new hike, now the price of LPG cylinders in Delhi has increased from Rs 884.50 to Rs 899.50 per cylinder. The exchange rate of the rupee against the dollar and the global benchmark rate are the two main factors that determine the prices of LPG cylinders in the country. The last time the LPG cylinder was hiked by Rs 25 was on September 1. It was the second hike undertaken by oil marketing companies (OMCs) within one month and the third in less than months. On August 17, prices were increased by Rs 25 taking the cost of a 14.2 kg cylinder to Rs 859.5 per cylinder in Delhi.