04-May-2026
Economy News
 
LPG hiked but why do petrol and diesel prices remain unchanged Government’s oil policy explained
04-May-2026

Commercial LPG prices were raised by Rs 993 per 19 kg cylinder on Friday — the steepest climb in a series of hikes announced since the beginning of 2026. The development came even as global crude oil prices jumped to a four-year high of more than $126 a barrel on Thursday morning, and many remained convinced that a fuel price hike was imminent. Fake notices have circulated via social media platforms for much of this week and Opposition leaders insist that petrol and diesel prices would surge after Assembly elections in multiple states.

News Source:- https://www.financialexpress.com/business/news/lpg-hiked-but-why-petrol-and-diesel-prices-remain-unchanged-governments-oil-policy-explained/4225749/