LPG Gas Cylinder Prices Cut From July 1: 19 Kg LPG Prices Fall First Time In 2026; 14.2 Kg LPG Rates Unchanged

In major relief, Indian Oil has reduced 19 Kg LPG prices in India for the first time in 2026. From July 1, 2026, the commercial LPG cylinder is down by Rs 183.50 in Delhi and lower by Rs 173 in Patna. However, the prices of 14.2 Kg LPG cylinders are unchanged for July 2026.

19 Kg LPG Prices In India From July 1:

The prices of 19 Kg LPG cylinders witnessed their first cut of 2026 for July 2026 in the range of Rs 173 to Rs 183.50. In cities like Delhi and Lucknow, this commercial LPG rate fell by Rs 183.50 each, while in Kolkata, the decline was around Rs 174.

In other cities like Chandigarh and Patna, 19 Kg LPG prices dropped by Rs 181.50 per cylinder and Rs 173 per cylinder for July 2026.

With effect from July 1, 2026, the 19 Kg LPG is priced at Rs 2,930 in Delhi from earlier Rs 3,113.50.

Meanwhile, 19 Kg LPG is priced at Rs 2,885.50 per cylinder in Mumbai, which is down by Rs 182. In Chennai, LPG price dropped by Rs 177 to Rs 3,106 per cylinder. Furthermore, in Bangalore, LPG is down by Rs 177 to Rs 3,021 per cylinder, while in Patna, LPG is down the most by Rs 173 to Rs 3,227.

In Kolkata, where the 19 Kg LPG price was hiked the most since the US-Israel-Iran war, it dropped to Rs 3,081.50 in July 2026 from the previous month's Rs 3,255.50.

The latest decline in LPG prices is due to easing geopolitical tensions as US-Iran agreed to another 60-day ceasefire agreement, which pushed crude oil prices down significantly and increased transition at the Strait of Hormuz, which accounts for about 20% of global oil and gas transportation.

Check Latest LPG Prices In India:

City	Domestic LPG (14.2 kg)	Commercial LPG (19 kg)
New Delhi	₹942.00 (0.00)	₹2,930.00 (-₹183.50)
Kolkata	₹968.00 (0.00)	₹3,081.50 (-₹174.00)
Mumbai	₹941.50 (0.00)	₹2,885.50 (-₹182.00)
Chennai	₹957.50 (0.00)	₹3,106.00 (-₹177.00)
Gurgaon	₹950.50 (0.00)	₹2,947.50 (-₹182.50)
Noida	₹939.50 (0.00)	₹2,930.00 (-₹183.50)
Bangalore	₹944.50 (0.00)	₹3,021.00 (-₹177.00)
Bhubaneswar	₹968.00 (0.00)	₹3,114.50 (-₹175.50)
Chandigarh	₹951.50 (0.00)	₹2,954.50 (-₹181.50)
Hyderabad	₹994.00 (0.00)	₹3,191.00 (-₹176.00)
Jaipur	₹945.50 (0.00)	₹2,957.50 (-₹183.50)
Lucknow	₹979.50 (0.00)	₹3,052.50 (-₹183.50)
Patna	₹1,031.50 (0.00)	₹3,227.00 (-₹173.00)
Thiruvananthapuram	₹951.00 (0.00)	₹2,971.50 (-₹180.50)

14.2 Kg LPG Prices In India From July 1, 2026:

However, the 14.2 Kg LPG prices are unchanged across the cities for July 2026. Accordingly, the 14.2 Kg LPG price stood at Rs 942 in Delhi, at Rs 968 in Kolkata, at Rs 941.50 in Mumbai and at Rs 957.50 in Chennai.

The decline in LPG prices was expected since the de-escalation in West Asia conflict and comes as a major good news for both Indian households and the country's economic growth.

As per Dr. Manoranjan Sharma, Chief Economist, Infomerics Ratings, lower global LPG prices would reduce subsidy burdens and improve fiscal flexibility, potentially enabling additional support for vulnerable households.

However, Sharma also believes that policymakers are likely to balance consumer relief against fiscal-consolidation objectives and competing expenditure priorities. Consequently, future benefits may come through selective subsidies, periodic price adjustments, or special support measures rather than large, across-the-board reductions for all consumers.

Currently, crude oil prices are steady but have witnessed significant declines. One of the main reasons why LPG prices fell is the sharp decline in global crude oil prices as India is the world's third-largest crude oil importer and consumer.

In June 2026, US WTI Crude Oil dropped nearly 26% and Brent Crude plunged by nearly 24%, as per Trading Economics. On July 1, 2026, Brent is around $73 per barrel and US WTI is below $70 per barrel.

What Key Factors Are Considered To Determine LPG Prices In India?

1. Global crude oil prices: If crude oil prices fall sharply, it comes as a relief as import bills will drop and the benefit will be passed onto consumers by lowering LPG prices.

2. Saudi Aramco Contract Price (CP): This monthly international benchmark is the primary reference for LPG imports into India. A higher CP usually leads to higher LPG prices.

3. Exchange rate: Since India is among the largest importers of oil, the rupee vs dollar exchange rate is pivotal. A weaker rupee makes imports costlier but a stronger rupee makes imports cheaper and exports stronger. Currently, the rupee is around 94.76 against the dollar.

4. Freight and logistics costs: Shipping, port handling, bottling, storage, and transportation costs are added to the final price.

5. Government subsidies: Subsidies for eligible households reduce the effective price paid by consumers.

6. Taxes and duties: Both central and state tax implications influence the retail price.

Accordingly, OMCs like Indian Oil (Indane), Bharat Petroleum (Bharat Gas), and Hindustan Petroleum (HP Gas) determine and revise LPG prices based on international costs and government policy.