LPG price hiked by Rs 50 per cylinder, to cost Rs 769

New Delhi: The price of liquefied petroleum gas (LPG), commonly referred to as cooking gas, has been hiked by Rs 50 per cylinder, news agency ANI reported.

The new rates would come into effect from the midnight of February 15.

As per the revised rate, a cooking gas cylinder of 14.2 kg would cost Rs 769 in Delhi.

The price of LPG, similar to other gas and petroleum products, is determined by the state-run oil companies. The factors that impact the pricing are international fuel rates and value of the Indian rupee against the US dollar.

The rates of non-subsidised LPG cylinders are usually reviewed on a monthly basis, and the changes are brought into effect from the first day of each month.