Commercial LPG Price Cut Brings Relief; Fuel Ban on Old Vehicles Enforced from July 1

Published On: July 1, 2025

In a significant relief for the hospitality and service industries, oil marketing companies have slashed the prices of commercial LPG cylinders by ₹58.50, effective from Tuesday, July 1. The new pricing brings down the cost of a 19 kg commercial LPG cylinder in Delhi to ₹1,665, offering much-needed respite to restaurants, hotels, and other commercial users.

Revised Commercial LPG Rates in Major Cities

Delhi: ₹1,665
Mumbai: ₹1,616
Kolkata: ₹1,769
Chennai: ₹1,823.50

Commercial LPG Prices in Jammu and Srinagar

The revised LPG rates have also been reflected in Jammu and Kashmir:

Jammu:
- 19 kg Commercial Cylinder – ₹1,806.50
- 14.2 kg Domestic Cylinder – ₹904.50 (unchanged)
Srinagar:
- 19 kg Commercial Cylinder – ₹1,970.00
- 14.2 kg Domestic Cylinder – ₹969.00 (unchanged)

These adjustments align with national pricing trends and are expected to ease the operational costs for businesses and eateries in both Jammu and Srinagar.

Fuel Ban on Old Vehicles Begins

On another front, petrol pumps across Delhi have started enforcing a ban on fueling End-of-Life Vehicles (ELVs) — specifically, 15-year-old petrol and 10-year-old diesel vehicles — starting July 1.

Warning notices were seen prominently displayed at various fuel stations across the national capital, stating:

“Fuel will not be dispensed to end-of-life vehicles (ELVs) from July 1, 2025.”

To ensure compliance, many stations have installed CCTV cameras and public address systems to monitor and alert customers in real time.

In a related development, a research report by ICICI Bank dated June 27 suggests that global crude oil prices may trend downward. The key reasons cited include:

De-escalation of the Israel-Iran conflict
Soft global demand due to a sluggish economy
Increasing oil supply, especially from OPEC countries

Global Oil Market Highlights (as per ICICI Bank report):

Global crude oil demand in 2025 is expected to remain flat at 102.9 mbpd, same as 2024.
May 2025 Supply: 104.2 mbpd (up from April)
May 2025 Demand: 102.6 mbpd (up 0.3 mbpd)
This results in a supply surplus of 1.6 mbpd, indicating an oversupplied market.
The price spike due to geopolitical tensions was lower compared to past events like the Russia-Ukraine war.

These latest developments — from reduced LPG prices to fuel restrictions and oil market forecasts — are set to impact both businesses and consumers across India, including Jammu and Kashmir.