As per PTI news report, Indian Oil Corporation, the largest state-run refiner and fuel retailer in India, has announced an increase in the price of commercial LPG cylinders.
The price adjustment affects industrial clients who rely on commercial LPG cylinders. In Delhi, the price has been increased from ₹3,071.50 to ₹3,113.50.
In Kolkata, the price has seen a more significant rise of ₹53.50, making the new price ₹3,255.50. These changes reflect the coordinated pricing strategy of state fuel retailers, including Bharat Petroleum and Hindustan Petroleum.
Alongside the commercial LPG price hike, the cost of 5 kg Free Trade LPG (FTL) cylinders has also been increased.
The new price in Delhi is ₹821.50, reflecting an ₹11 increase. This adjustment is part of the broader pricing strategy implemented by Indian Oil Corporation.
Read More: Government Asks IOC, BPCL and HPCL to Build LPG Storage Capacity for 30 Days of Demand!
Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, highlighted the government's efforts to enhance fuel security.
The focus is on building strategic reserves to ensure a minimum 30-day supply of LPG and crude oil. These measures aim to safeguard against potential supply disruptions.
It is important to note that there has been no change in the prices of domestic LPG cylinders. The adjustments are limited to commercial and FTL cylinders, ensuring that household consumers are not affected by this price hike.
As of May 29, 2026, at 3:30 PM, Indian Oil Corporation share price on NSE was closed at ₹140.24 down by 2.57% from the previous closing price.
The recent price hike by Indian Oil Corporation reflects adjustments in the commercial LPG and FTL cylinder markets. While industrial clients will experience increased costs, domestic consumers remain unaffected by these changes. The government's focus on fuel security aims to ensure a stable supply amidst these adjustments.
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Published on: Jun 1, 2026, 8:54 AM IST
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