Commercial LPG, jet fuel prices cut for third month; ATF down ₹2,414, LPG cylinder cheaper by ₹24 from June 1
New Delhi: Oil marketing companies have slashed prices of 19-kg commercial LPG cylinders by ₹24 and aviation turbine fuel (ATF) by ₹2,414.25 per kilolitre, effective June 1, 2025, providing cost relief to businesses and airlines amid softening global crude prices.
This is the third straight monthly reduction, signalling easing pressure on sectors heavily dependent on energy inputs, according to a report by The Economic Times.
Following the latest revision, the price of a commercial LPG cylinder in Delhi is ₹1,723.50, while in Mumbai it stands at ₹1,647.50. These cylinders are typically used by restaurants, hotels, and small businesses.
The rates for domestic LPG cylinders remain unchanged at ₹853 per 14.2-kg unit in Delhi, as per the last revision in April.
The aviation sector is expected to benefit significantly from the cut in ATF prices. In Delhi, jet fuel now costs ₹83,072.55 per kilolitre, reflecting a 2.82% decline.
Prices in other major cities have also dropped—₹77,602.73 in Mumbai, ₹86,103.25 in Chennai, and ₹86,052.57 in Kolkata.
As ATF constitutes nearly 40% of an airline’s operating costs, the reduction could ease short-term financial pressures for carriers, although no immediate response was issued by airline operators, ET noted.
This follows previous reductions of 4.4% in May and 6.15% in April, implemented by state-run fuel retailers—Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL)—who revise rates monthly based on international oil benchmarks and currency fluctuations.
“These price revisions reflect recent global oil market dynamics, particularly weakening demand forecasts amid ongoing trade tensions,” a senior official told ET. The changes have come despite retail fuel prices remaining static.
Petrol and diesel prices in Delhi are unchanged at ₹94.72 and ₹87.62 per litre respectively, following a price cut in March 2024.
The continued drop in global crude prices has been driven by subdued economic activity and weaker demand from major importers, allowing Indian companies to adjust commercial fuel prices downward.
However, officials caution that the relief may be temporary if crude markets rebound due to geopolitical instability or supply-side shocks.
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