The government has extended the booking period gap between two LPG cylinders from 21 days to 25 days to prevent hoarding and black marketing, according to a report by news agency ANI.
This move comes as people were reportedly booking LPG cylinders days in advance, with some booking up to 55 days in advance.
The government has ordered refineries to increase LPG output and maintain domestic consumption as a priority, with domestic consumers being given top priority.
Addressing concerns about potential rises in petrol and diesel prices, sources said it was unlikely unless crude oil prices breach the $130 per barrel mark.
India has enough stock and prices of petrol and diesel are unlikely to hike, with crude oil prices expected to remain around $100 per barrel.
Despite oil prices soaring to $120 per barrel on Monday, sources said there is no need to panic about Aviation Turbine Fuel (ATF) as India has enough stock.
India has accelerated sourcing crude from other routes due to the ongoing war in Iran and the Strait of Hormuz remaining blocked.
