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Business EconomyPosted at: Mar 1 2015 5:24PM


Rates of non subsidised LPG hiked by Rs 5

New Delhi, Mar 1 (UNI) In sync with rising global crude oil prices, rates of non subsidised LPG was today hiked by Rs 5 per cylinder. Likewise, Jet fuel price was increased by a steep 8.2 per cent by oil marketing companies today. The increase comes on back of seven straight reductions in rates of non-subsidised or market-priced LPG since August. The customers buy non-subsidised after exhausting their quota of 12 cylinders at subsidised rates. A subsidised LPG refill currently costs Rs 417 in Delhi. The price of non-subsidised LPG was last cut on February 1 by Rs 103.5 per 14.2-kg cylinder. In the seven monthly reductions, non-domestic LPG rates had been slashed by Rs 317.50 per cylinder. A subsidised LPG refill currently costs Rs 417 in Delhi. The price of non-subsidised LPG was last cut on February 1 by Rs 103.5 per 14.2-kg cylinder. In the seven monthly reductions, non-domestic LPG rates had been slashed by Rs 317.50 per cylinder, bringing the price to a three-year low. State-owned fuel retailers, Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) revise jet fuel and non-subsidised LPG prices on the first of every month. UNI ABI ASH SB PR1719
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