OMCs bring new year cheer, announce rate cut for commercial LPG, ATF – Check latest prices

The January 1st announcement of price cut is the first in the cycle after five monthly increases in since last year. Rates were hiked by Rs 16.5 per 19-kg cylinder at the last revision on December 1, 2024.

Oil marketing companies (OMCs) announced a rate cut for commercial LPG and aviation turbine fuel (ATF) on the first day of 2025. The 1.5% rate cut has taken effect immediately. The price of commercial LPG, primarily used by restaurants, hotels, and other large eateries, has been reduced by Rs 14.5 per 19-kg cylinder. This is part of the monthly rate revision announced by OMCs at the beginning of each month.

In addition to commercial LPG, the rates for ATF have also been lowered. The price of ATF has been reduced by Rs 1,401.37 per kilolitre, equivalent to a 1.52% decrease, bringing the rate to Rs 90,455.47 per kilolitre in Delhi. This rate revision will impact the aviation sector in the national capital, home to one of India's busiest airports.

The ATF rate cut announced today come after two successive hikes in last couple of months. Previously, prices were increased by Rs 2,941.5 per kl (3.3 per cent) on November 1, and by Rs 1,318.12 per kl (1.45 per cent) on December 1, 2024.

With the current rate revision coming into force, the aviation turbine fuel in Mumbai will now cost Rs 84,511.93. Previously, ATF rate in Mumbai was Rs 85,861.02 per kl.

What’s the cost of commercial LPG in Delhi

In Delhi, the price of commercial LPG has been slashed by Rs 14.5 to Rs 1,804 per 19-kg cylinder.

The January 1st announcement of price cut is the first in the cycle after five monthly increases in since last year. Rates were hiked by Rs 16.5 per 19-kg cylinder at the last revision on December 1, 2024.

In five price increases, commercial LPG rates were increased by Rs 172.5 per 19-kg cylinder.

What is the rate of commercial LPG in Mumbai and Chennai?

Commercial LPG now costs Rs 1,756 per 19-kg cylinder in Mumbai, Rs 1,911 in Kolkata and Rs 1,966 in Chennai.

In India, like fuel, prices of LPG and ATF differ from state to state due to the varying levels of local taxes such as VAT etc. All major OMCs such as Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation announce revisions in the rate of both LPG and ATF at the star of every month. These revisions are based on the average price of foreign exchange rate as well as benchmark international fuel.