1 min readNew DelhiUpdated: Apr 1, 2026 06:56 AM ISTKarnataka fuel shortage rumour sparked panic buying at petrol pumps, but the government has clarified that there is ample supply and no cause for concern.Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict.A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies.Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1.Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in Delhi.State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices on the first day of every month based on international benchmarks and the exchange rate.Global oil prices have shot up almost 50 per cent after the war in West Asia disrupted energy supply chains.Petrol and diesel prices continue to remain frozen after a Rs 2 per-litre reduction in March last year; petrol currently costs Rs 94.72 per litre in Delhi and diesel Rs 87.62. PTI ANZ TRB 04010558 Tags:Liquid petroleum gasAdvertisementLoading Recommendations...Live BlogIran War News Live Updates: Trump says US will leave Iran in 2 or 3 weeks26 minutes agoRajeduboard.rajasthan.gov.in, RBSE Rajasthan Board 12th Arts Result 2026 LIVE: Scorecards out; who are this year’s toppers?7 hours agoRajasthan Board RBSE Class 12th Result 2026, rajeduboard.rajasthan.gov.in LIVE: BSER Science, Arts, Commerce results out7 hours agoMiddle East Crisis Live Updates: Iran strikes fully loaded oil tankers off Dubai, fuel prices start to pinch US consumers8 hours agoAssembly Elections 2026 Live Updates: BJP-led NDA releases party manifesto in Kerala, promises free LPG cylinders, financial aid for poor9 hours ago