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War & Conflict1h 58m ago
Under-recoveries on domestic LPG in India have risen to nearly ₹700 per cylinder, while losses on petrol and diesel have narrowed to about ₹3 per litre and ₹27 per litre respectively.
India
Who
officials in the Ministry of Petroleum and Natural Gas (MoPNG), India's oil marketing companies (OMCs), Sapna Das
What
Under-recoveries on domestic LPG in India have risen to nearly ₹700 per cylinder, while losses on petrol and diesel have narrowed to about ₹3 per litre and ₹27 per litre respectively.
When
Mon, 15 Jun 2026 12:33:04 GMT · 1h 58m ago
Where
India ·
Why
LPG losses remain elevated despite easing crude prices, while petrol and diesel losses narrowed following the recent US-Iran ceasefire and subsequent decline in global crude prices.
The Frontline Impact
How this affects you
This situation indicates that India's oil marketing companies are facing significant financial strain from selling domestic cooking gas at subsidized rates, suggesting potential future policy adjustments or impacts on the companies' profitability. The disparity in pricing strategy between LPG and other fuels highlights a complex economic challenge for the Indian government in balancing consumer affordability with industry sustainability.
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