Oil marketing companies have implemented their first price revision of September 2026, with 19kg commercial LPG cylinders increasing by ₹9.50 to ₹11.50 per cylinder across major Indian cities. According to latest reports from Goodreturns, 19kg commercial cylinders now cost ₹2,747.50 in Delhi, ₹2,701 in Mumbai, ₹2,916.50 in Chennai, ₹2,764.50 in Gurgaon, ₹2,747.50 in Noida, ₹2,769.50 in Chandigarh, ₹2,870 in Lucknow, ₹2,776 in Jaipur, ₹2,784 in Thiruvananthapuram, ₹2,831 in Bangalore, ₹2,919 in Bhubaneswar, and ₹2,996 in Hyderabad. The highest increase of ₹11.50 was recorded in Kolkata at ₹2,884 per cylinder, while Patna emerged as the most expensive city at ₹3,029 per cylinder. 5kg non-domestic LPG cylinders have also been raised by ₹2, increasing from ₹762 to ₹764, though regular 5kg LPG cylinders and XTRALITE cylinders remain unchanged following the latest revision. This marks the first price adjustment since the previous month's reduction of ₹192 in Delhi to ₹2,738, ₹209 in Kolkata to ₹2,872.50, ₹194 in Mumbai to ₹2,691.50, and ₹200 in Chennai to ₹2,906 per cylinder in August 2026. The latest revision comes after consumers received relief through consecutive price reductions in July and August, with businesses across India now facing higher fuel costs.
Unlike commercial LPG, domestic or 14.2kg LPG cylinders are kept unchanged for the third consecutive month on September 4, 2026. According to Goodreturns, domestic LPG prices stood at ₹942 per cylinder in Delhi, ₹968 in Kolkata, ₹941.50 in Mumbai, and ₹957.50 in Chennai. The stability in domestic cylinder prices provides relief to household consumers while commercial users bear the impact of the latest price increases. The 5kg and 14.2kg cylinders comprise almost 90% of all gas distributed, making domestic pricing a key factor in overall market dynamics. The government's decision to maintain stable domestic LPG prices while increasing commercial rates demonstrates a balanced approach to managing fuel costs across different consumer segments.
The global oil market crisis has intensified with US WTI crude reaching $92 per barrel on Friday and Brent crude surging to $96 per barrel, as reported by Goodreturns. The situation at the Strait of Hormuz remains uncertain with renewed hostilities in the Middle East and growing uncertainties for shipping. As per Trading Economics, the US carried out fresh strikes against Iran this week following roughly a month of relative calm, prompting Tehran to retaliate by targeting American bases in the region and vessels passing through Hormuz. Six commodity vessels transited the strait on Wednesday, down from 11 on Tuesday and compared with a 10-day average of nearly 13. Damage to refineries in the Middle East and Russia, coupled with limited capacity elsewhere to compensate for supply disruptions, is also expected to keep global fuel prices elevated into next year. The elevated crude oil prices and intense geopolitical risks in West Asia have impacted petroleum prices across the globe, directly influencing LPG pricing decisions by oil marketing companies.
State-owned oil marketing companies have also hiked aviation turbine fuel (ATF) prices by 5.46% or ₹6.28 per litre, effective from Tuesday, marking the second consecutive monthly increase after a similar rise in August. The ATF price has been raised from ₹115 per litre to ₹121.28 per litre, with jet fuel accounting for around 35-40% of an airline's overall operating expenditure in India, making ATF prices a key cost for domestic carriers. The latest hike is expected to increase fuel costs for domestic airlines and could put pressure on airfares, though ticket prices also depend on passenger demand, competition and available network capacity. Mahanagar Gas Ltd (MGL) has also increased CNG and domestic PNG prices in Mumbai, citing a sharp rise in input gas prices linked to international indices amid the ongoing Middle East crisis.
The September price revision comes shortly after the Centre took significant steps to strengthen India's domestic LPG production capacity. On August 13, the Ministry of Petroleum and Natural Gas fixed maximum LPG production levels for 21 refineries and upstream companies, with their combined production potential pegged at 63,810 tonnes per day. The targeted capacity is more than twice the country's domestic LPG output recorded during the financial year that ended on March 31, as reported by Goodreturns. The government's push to increase domestic production comes amid concerns over India's dependence on imported cooking gas, particularly supplies originating from the Middle East. Recent developments in West Asia have renewed attention on energy security and the need for a stronger domestic supply buffer, with the latest hikes demonstrating how OMCs respond to global oil price movements while maintaining stable pricing for domestic consumers.
