This is the second straight month of price reduction. In June, the price was trimmed by ₹24. Earlier, the rate was ₹1,762 in April. February saw a ₹7 cut, followed by a ₹6 increase in March – indicating minor fluctuations in the past few months.No Change for Households
While commercial users benefit from the price drop, there is no change in the cost of the 14.2 kg domestic LPG cylinder. Oil companies confirmed, “There is no change in the prices of 14.2 kg domestic cylinders.” Despite rising demand for a review, households will have to continue paying the existing rates.Most LPG Used by Households
India uses around 90 per cent of its total LPG for household cooking. The remaining 10 per cent is consumed by commercial, industrial, and automotive sectors. Domestic cylinder prices usually remain stable, even when commercial rates go up or down.Falling Crude Prices Offer Breather
The price cut is linked to declining global crude oil prices. India’s pricing policy pegs natural gas rates to 10 per cent of its crude basket, which fell to $64.5 per barrel in May 2025 -the lowest in three years.
This drop is expected to ease cost pressures on oil companies. If crude prices stay at this level, LPG-related losses could fall by nearly 45 per cent in the financial year 2026.
LPG Usage on the Rise
India’s dependence on LPG has grown significantly. Domestic LPG connections have doubled over the last decade, reaching around 33 crore by April 2025 – a clear sign of how central cooking gas has become to Indian households.