Signal Desk · Companies

LPG under-recovery may rise to ₹370 per cylinder in December

2026-10-31 · 1 source · BusinessLine Companies

In short

LPG under-recovery may rise to ₹370 per cylinder in December 2026. The report says oil marketing companies are already under pressure because they sell cooking gas below market rates.

This matters because more than 33 crore households use LPG. The story does not say whether prices will rise or how much money companies may lose.

What the reporting says

LPG under-recovery may rise to ₹370 per cylinder in December 2026, according to the headline. The source says OMCs are carrying large under-recoveries because cooking fuel is being sold below prevailing market rates, and that LPG is used by more than 33 crore households. It does not say whether prices will change or how the burden will be shared. The immediate issue is continuing pressure on oil marketing companies.

Why it matters

LPG under-recovery may rise to ₹370 per cylinder in December 2026, and the reporting says oil marketing companies are already saddled with large under-recoveries because cooking fuel is sold below market rates. The issue affects more than 33 crore households that use LPG. The source does not state any policy response or price action, so the financial impact on OMCs remains uncertain.

Touches: Oil Marketing Companies, Energy, Commodities

Sources