On August 1, 2026, the central government reduced the price of a 19-kg commercial LPG cylinder by more than 200 rupees. This news is a welcome relief for those involved in hotels, restaurants, and other businesses. The price of a 19-kg commercial cylinder in Delhi has been reduced by 202 rupees.
In Kolkata, the price of a cylinder has now risen to ₹2,872.50 after a ₹209 price cut. The new prices are effective from today, August 1st. The government has not made any changes to the price of domestic LPG cylinders, resulting in no relief for ordinary families.
This is the second consecutive reduction in commercial LPG prices. A previous reduction occurred in July. Recently, the Iran war and the West Asia crisis caused global prices to rise, leading to several periods of inflation. Now, as the situation has returned to normal, prices are being reduced.
What are the new rates now?
The price of a 19-kg commercial LPG cylinder has been reduced by more than ₹200 in Delhi and Kolkata. The price of this cylinder now costs ₹2,728 in Delhi and ₹2,872.50 in Kolkata. The price reduction is ₹202 in Delhi and ₹209 in Kolkata. These reductions are effective immediately.
Why have rates been volatile?
LPG prices had risen sharply in the past few months due to the crisis in West Asia. Two days before this decision, Prime Minister Narendra Modi held a lengthy meeting with senior ministers and officials in Parliament. The meeting reviewed India’s preparedness amid the escalating tensions in West Asia.
Is India on the verge of a gas-oil crisis?
The government has clarified that there is no shortage of LPG, petrol, or diesel in the country. India is the world’s third-largest oil importer and second-largest LPG buyer. 20% of its petroleum products come into the country via the Hormuz route. India is also exploring other options beyond West Asia to avoid future crises.