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LPG prices hiked by Rs 16.50 per non-subsidised cylinder; ATF by 0.6%

2019-03-01 0 Dailymotion

Price of non-subsidised cooking gas (LPG) was on Tuesday hiked by Rs 16.50 per cylinder and that of jet fuel by over half-a-per cent after international oil prices surged due to the ongoing Iraq crisis. <br /><br />The increase in rates of non-subsidised LPG and ATF accompanies the Rs 1.69 a litre hike in petrol and 50 paisa a litre in diesel announced yesterday. <br /><br />The price of non-subsidised LPG, which customers buy after using up their quota of 12 subsidised cylinders, was raised by Rs 16.50 per 14.2-kg cylinder, the first hike in six months. <br /><br />Each non-subsidised 14.2-kg cooking gas cylinder will now cost Rs 922.50 in Delhi, up from Rs 906, according to Indian OilBSE -0.56 % Corp (IOC), the nation's largest oil firm. <br /><br />Non-subsidised LPG rates were last month cut by Rs 23.50 per cylinder. <br /><br />A subsidised LPG cylinder in Delhi costs Rs 414. Today's hike breaks the declining trend that started in February with a Rs 107 cut in rates to Rs 1,134 per cylinder. <br /><br />It was followed by a Rs 53.5 per cylinder reduction in March to Rs 1,080.50, by Rs 100 to Rs 980.50 in April, by Rs 52 in May and by Rs 23.50 cut last month.<br /><br /><br /><br />For More information on this news visit: http://www.itvnewsindia.com/<br />For More information on this news, visit: http://www.indianews.ind.in/<br />Connect with us on Social platform at: http://www.facebook.com/IndiaNewsTV<br />Subscribe to our You Tube channel: https://www.youtube.com/user/itvnewsindia<br />Connect with us on Social platform at: https://www.facebook.com/pages/India-News/371196196360607

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