Overall, about 80 per cent of petroleum products have seen no change in prices.
Amid rising global energy prices, state-run oil companies have largely shielded domestic consumers from any immediate impact. However, commercial cylinder prices were hiked by Rs 993. This comes just two days after the 5-state polls ended with the final phase in Bengal on April 29.
Domestic LPG and aviation turbine fuel (ATF) prices for local airlines remain unchanged. However, jet fuel prices for international airlines were hiked by 5%.
Retail prices of petrol and diesel have also been kept steady. According to Indian Oil Corporation (IOC), there has been no revision in key fuels affecting the general public, with oil firms absorbing higher input costs, including for ATF used by domestic airlines. However, ATF prices for international carriers and some industrial fuels have been increased in line with global benchmarks.
The commercial LPG cylinder rates hike is effective from from May 1. The price of a 19-kg commercial cylinder in Delhi now stands at Rs 3,071.50.
The hike is likely to hit businesses such as hotels, restaurants and catering services; household consumers remain protected, though.
Overall, about 80 per cent of petroleum products have seen no change in prices, while 4 per cent have become cheaper and 16 per cent, largely industrial fuels, have recorded an increase.
Price revisions have been limited to segments such as commercial LPG, bulk diesel, and fuel for international airline operations, which account for a relatively small share of consumption. IOC said the approach is aimed at balancing global price trends while protecting domestic consumers and maintaining stability.
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