India’s oil marketing companies (OMCs) announced a fresh commercial LPG price cut effective Saturday, August 1, 2026, lowering the cost of 19-kg commercial cylinders by up to ₹209 in major cities, marking the second consecutive monthly reduction. The revision, made by state-run firms including Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum, applies only to commercial cylinders used by restaurants, hotels and other businesses, while domestic 14.2-kg household cylinder prices remain unchanged, according to officials cited by The Hindu.
In Kolkata, the price of a 19-kg commercial cylinder was cut by ₹209, bringing the rate down to ₹2,872.50, according to news agency ANI. Different media reports cited slightly different reductions for Delhi, while all confirmed a significant cut in commercial LPG prices: BusinessToday reported a reduction of ₹192, bringing the price to ₹2,738, while ANI-sourced reports carried by Oneindia and other outlets put the Delhi cut at ₹202, with the new price listed at ₹2,728.
In Bihar, the commercial cylinder price was lowered by ₹209 but remained above ₹3,000, at ₹3,018, according to BusinessToday. Domestic LPG cylinder prices, which cover roughly 90 percent of India’s household cooking gas needs, were left untouched in this revision. The 14.2-kg cylinder continues to cost ₹942 in Delhi, ₹968 in Kolkata, ₹941.50 in Mumbai and ₹957.50 in Chennai, per BusinessToday’s report citing oil company data.
The latest revision comes despite crude oil prices having surged nearly 20 percent over the preceding month, according to BusinessToday, with major suppliers Indane, HP Gas and Bharat Gas all lowering their commercial LPG rates for August regardless. Indian Oil markets LPG across eight different cylinder pack sizes, according to information on the company’s website; the 5-kg and 14.2-kg variants are intended chiefly for household use and together account for nearly 90 percent of all LPG distributed nationally. The larger 19-kg, 47.5-kg and 425-kg jumbo cylinders, meanwhile, are marketed specifically for industrial and commercial consumers, which is the category affected by Saturday’s price cut. This pricing structure means only a small fraction of the cylinders in circulation are subject to the revised commercial rate, even though the change carries significant weight for the hospitality and food-service sector.
The recent string of reductions follows a period of sustained increases earlier in 2026, when commercial LPG rates rose repeatedly in response to elevated global energy costs and supply disruptions tied to tensions in West Asia, according to Pragativadi. Even with the past two months of cuts, commercial cylinder prices in several cities, including Bihar, remain well above ₹3,000, underscoring how far rates had climbed before the recent easing began. Oneindia, citing ANI, reported that prices of both domestic and commercial LPG cylinders had risen on several occasions since the U.S.-Iran conflict began in the last week of February, making the past two months of consecutive cuts a reversal of that earlier trend. Oneindia further reported that the government was assessing the impact of regional security developments on energy supplies before revising household LPG prices , a rationale not corroborated by the other sources reviewed.
Separately, the price of aviation turbine fuel (ATF), or jet fuel, was increased by ₹5 per litre to ₹115 per litre for domestic scheduled carriers, according to The Hindu. The Hindu described the LPG reduction as coming amid a probable easing of the conflict in West Asia, while BusinessToday characterised the same revision as taking place despite oil prices fall amid US-Iran conflict , a discrepancy in framing between the two reports that has not been independently resolved.
This marks the second straight monthly cut in commercial LPG rates. On July 1, 2026, OMCs had already reduced commercial cylinder prices, with cuts ranging from ₹173 to about ₹183.50 across major metro cities, according to BusinessToday and Pragativadi. Industry commentary cited by Pragativadi suggested the latest reduction could ease operating costs for restaurants, hotels, food outlets and catering services that rely heavily on LPG for daily operations, though it remains uncertain whether businesses will pass on the savings to customers through lower prices.
Oil marketing companies review LPG prices at the start of every month based on international energy costs, currency movements, transportation costs and other market factors, according to reports citing industry sources. Domestic consumers will need to wait for a future revision to see whether household LPG rates are adjusted, as no change to the 14.2-kg cylinder price has been announced for August.
No official statement from the Ministry of Petroleum and Natural Gas accompanying this specific revision was available in the reports reviewed, and the exact rationale behind the differing city-wise cut amounts has not been separately clarified by the companies. Further price revisions are expected to follow the usual monthly review cycle at the start of September.
The Hindu: Commercial LPG Prices Cut by ₹209 Per Cylinder
Oil Prices Fall Amid US-Iran Conflict
I am Rukaiya Kadiwala, an experienced News Content Writer with 6+ years of expertise in hospitality, travel, hotel, restaurant, business, and lifestyle news. Skilled in writing, research, fact-checking, headline creation, and digital publishing, I create accurate, engaging, and high-quality content that informs and attracts readers worldwide.
