LPG Prices In India From March 7: 14.2KG LPG Prices Hiked First Time In 1-Year By Rs 60; 19K LPG Up By Rs 115

In major news, LPG prices across the country have been increased by oil marketing companies (OMCs) with effect from March 7, 2026. The biggest shocker came in 14.2 kg LPG cylinders, which are the most used in Indian households. This LPG witnessed its first hike in a year, by Rs 60 per cylinder across metro cities. The next shocker came in the 19 kg LPG cylinder, which saw its second hike in a week. The latest hike in the 19 kg LPG cylinder is the biggest ever by nearly Rs 115.

LPG Prices In India:

14.2 LPG Prices In India:

With effect from March 7, 2026, Indian Oil Corporation (IOCL) has increased 14.2 kg LPG prices by Rs 60 across metro cities. This is the first hike since April 2025, when this LPG was raised by Rs 50.

Now, LPG price in Delhi is increased by Rs 913 per litre compared to the previous Rs 853.

Meanwhile, LPG price in Kolkata increased to Rs 939 from Rs 879.

The financial hub, Mumbai, will now sell 14.2KG LPG at Rs 912.5 per cylinder compared to the previous price of Rs 852.5.

In Chennai, LPG price has surged to Rs 928.5 per cylinder as against Rs 868.5 per cylinder.

14.2KG LPG Cylinder Prices In India
Cities (Rs)	March 7, 2026	April 8, 2025	Change In Rs
LPG Prices In Delhi	913	853	60
LPG Prices In Kolkata	939	879	60
LPG Prices In Mumbai	912.5	852.5	60
LPG Prices In Chennai	928.5	868.5	60

19Kg LPG Prices In India:

The biggest hike was in 19Kg LPG cylinders by Rs 114.5 each in these cities. Accordingly, the latest LPG rates are:

19Kg LPG price in Delhi is at Rs 1,883 per cylinder with effect from March 7, 2026, compared to previous price of Rs 1,768.5 per cylinder.

2. In Kolkata, LPG price stood at Rs 1,990 per cylinder from Rs 1,875.5 per cylinder.

3. In Mumbai, 19Kg LPG is priced at Rs 1,835 per cylinder as against Rs 1,720.5 per cylinder.

4. In the southern city, Chennai, LPG price increased to Rs 2,043.5 per cylinder compared to Rs 1,929 per cylinder.

19Kg LPG Cylinder Prices In India
Cities (Rs)	March 7, 2026	March 1, 2026	Change In Rs
LPG Prices In Delhi	1883	1768.5	114.5
LPG Prices In Kolkata	1990	1875.5	114.5
LPG Prices In Mumbai	1835	1720.5	114.5
LPG Prices In Chennai	2043.5	1929	114.5

It needs to be noted that 19 kg LPG prices have recorded a third consecutive hike in two months and a second hike in March alone. On March 1, 19 kg LPG cylinder prices were increased by Rs 28 to Rs 31 across major metro cities. Meanwhile, in February 2026, the prices were raised by Rs 48 to Rs 50 across these cities.

Why LPG Prices Are Hiked?

The hike in LPG prices comes at a time when the energy, oil and gas markets globally are at risk due to the shutdown of the Strait of Hormuz amidst the US-Israel war against Iran. The Middle East is one of the biggest exporters of crude, and the latest geopolitical war has put the west Asia's fate uncertain going ahead. India is among the countries that have exposure in this market and most importantly, are vulnerable to the closure of Hormuz.

The hike is after the US WTI crude oil price skyrocketed to near $91 per barrel and Brent crude surged near $94 per barrel. This is their highest performance since November 2022.

Crude oil prices are one of the key components taken into consideration when deciding LPG prices, as multi-year high oil prices could impact OMCs' margins and EBITDA.

According to Sumit Pokharna, VP Fundamental Research, Kotak Securities, for India, which imports roughly 85% of its crude oil requirements, sustained higher crude prices present macroeconomic and sector-specific challenges. Oil marketing companies (OMCs) are particularly vulnerable, as elevated crude prices can compress refining margins, increase operating and working capital requirements, and lead to higher borrowing costs and debt levels.

The latest update on the situation in Middle East is that US President Donald Trump has asked Iran to accept their unconditional surrender, amplifying fears that a drawn-out conflict could significantly impact worldwide oil supply on Friday. Meanwhile, Qatar's Energy Minister Saad al-Kaabi told the Financial Times that Gulf exporters would halt production within days if tankers are unable to pass through the Strait of Hormuz. The strait is a crucial route that normally handles about 20 million barrels of oil and petroleum products per day, as per Trading Economics.

Until the situation in Middle East de-escalates, oil prices are expected to rise.