Now Reading: CNG hiked by up to Rs 3.25 in UP, Delhi LPG at Rs 942
-
01
CNG hiked by up to Rs 3.25 in UP, Delhi LPG at Rs 942
CNG prices in parts of Uttar Pradesh rose by up to Rs 3.25 per kg recently, driven by higher input gas costs, rising spot LNG prices and currency fluctuations, according to businesstoday.in.
On 9 October, the 14.2-kg domestic LPG cylinder cost Rs 942 in Delhi, Rs 941.50 in Mumbai, Rs 968 in Kolkata and Rs 994 in Hyderabad. CNG in Delhi was Rs 86.98 per kg and PNG was Rs 49.59 per standard cubic metre, with prices varying across cities.
Global crude benchmarks jumped on 8 October after Iran escalated attacks on commercial shipping in the Strait of Hormuz. Brent futures closed 4% higher at $104.28 a barrel, while US WTI surged 3.6% to $91.49. Gulf oil flows, excluding Iran, recovered to more than 81% of pre-war levels in September, Kpler reported.
Indian Opinion Analysis
The price tables give a clear city-by-city snapshot for household and transport fuel, with Delhi largely at the cheaper end and Hyderabad the most expensive for both LPG and CNG. The UP CNG increase points to the immediate pressure on retailers from costlier gas and a weaker currency, a burden that falls directly on commuters. The linked crude rise tied to Hormuz attacks adds a fresh risk, since any sustained increase would feed into future domestic fuel adjustments. The report does not say when prices might change next, and it leaves the scale of any pass-through to consumers open. Watch for the next monthly LPG revision and any further CNG moves in UP, which would signal how much of the higher input cost is being absorbed.
Source: businesstoday.in
This brief was synthesised by AI from the source linked above. Methodology and corrections.
