New Delhi, May 1, 2026: In a significant blow to the hospitality and small business sectors, Oil Marketing Companies (OMCs) have announced a massive hike of ₹993 in the price of 19-kg commercial LPG cylinders. This marks the third consecutive increase in recent months, pushing the price of a commercial cylinder past the ₹3,000 mark in major metros.
Why are prices rising?
The primary driver behind this steep hike is the escalating Israel-Iran conflict, which has severely disrupted global energy supply chains. The Strait of Hormuz, a vital maritime chokepoint through which nearly 90% of India’s LPG imports pass, has seen restricted movement, leading to a global supply crunch and skyrocketing freight insurance costs.
(Note: Used to represent energy alternatives and supply chain dynamics)
Top City-wise Revised Rates (May 1, 2026):
New Price for 19kg cylinder
* Delhi ₹3,071.50 ₹993
1) Mumbai ₹3,024.00 ₹993
2) Bengaluru ₹3,115.00 ₹992
3) Chennai ₹3,237.00 ₹990.50
Note: Domestic LPG (14.2 kg) prices remain stable for now at ₹913 (Delhi), providing some relief to households.
