WTI crude oil drops to around $80 per barrel today, while Brent crude falls nearly 4% to around $83.82 per barrel. However, key questions remain. Could India really see a fall in petrol, diesel and LPG prices following this development?
5 min read15 Jun 2026LPG cylinder prices remained stable on 12 June, despite previous hikes. The government claims that Indian consumers benefit from some of the lowest cooking gas prices globally, with significant subsidies still in place amid rising international fuel costs.
3 min read12 Jun 2026The petroleum ministry has asked states to accelerate migration to PNG where infrastructure exists as LPG under-recovery rises to ₹690 per cylinder and global supply pressures persist.
2 min read10 Jun 2026The Union Ministry of Petroleum & Natural Gas has indicated that subsidised LPG cylinders for households under the Pradhan Mantri Ujjwala Yojana (PMUY) have been reduced from nine to four. Check details here.
4 min read9 Jun 2026The revision comes as cooking gas consumption hits a post-pandemic low, forcing state-run oil companies to absorb massive losses despite the retail price spike.
4 min read7 Jun 2026Gujarat Gas Ltd's Q4 results show potential gains from restructuring with integration of group businesses, expected to unlock value, and its Ebitda estimates have been significantly raised. But investors would be closely watching the impact of the amalgamation on the company's earnings trajectory.
3 min read5 Jun 2026Jet-fuel for foreign flights has cheapened while small eateries shut down; LPG consumption has fallen while petrol use has risen. Many citizens are trying to save fuel—even braving metro rides. More folks can chip in, but these sacrifices won’t fix our K-shaped economy.
4 min read4 Jun 2026Commercial LPG cylinder prices were raised by ₹42 across major Indian cities on Monday, 1 June. Domestic LPG prices remained steady, despite a sharp, 10-day surge in petrol, diesel and CNG prices.
2 min read1 Jun 2026India's annual consumption of LPG is about 33 million tonnes. The West Asia war and the blockade of the Strait of Hormuz have severely hit India's LPG supplies, as about 90% of its cooking gas imports earlier came from West Asia.
1 min read25 May 2026Domestic LPG cylinder prices in India remain unchanged as of 25 May 2026, despite global crude oil and LPG markets facing volatility amid tensions in West Asia.
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