India's LPG market faces potential upheaval as new regulations loom. With international oil prices surging amid Middle East tensions, domestic cooking gas prices remain under pressure. Commercial LPG cylinders have already jumped twice since March, while domestic rates held steady at around 913-965 rupees across major cities. Government sources indicate fresh price revisions may arrive May 1st, alongside stricter booking and delivery rules. Oil Marketing Companies are reportedly adjusting the current 25-day cylinder booking lock-in period and implementing permanent OTP-based delivery systems to curb subsidy misuse. State-owned oil firms continue absorbing crude price impacts to shield retail petrol and diesel from volatility.
