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Commodities

India Grapples with LPG, CNG Price Uncertainty Amid Energy Diversification

Guavy AI Editorial Team
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Oil
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India's LPG and CNG prices remain uncertain due to supply concerns. On August 29, the latest rates in major cities such as Delhi, Mumbai, Kolkata, Bengaluru, Hyderabad, Chennai, Jaipur, Noida, Gurugram, and Chandigarh are available.

The commercial 19kg LPG cylinder rate in Delhi is ₹2,738, while in Mumbai it is ₹2,691.50. In contrast, the CNG price in Delhi is ₹86.98 per kg, and in Mumbai, it's ₹86 per kg.

Despite these domestic concerns, India has been diversifying its energy sources. According to reports, India bought almost 2 million barrels per day of crude oil from Russia in August, more than three times the second-largest supplier, the UAE.

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