Torrent Gas increases CNG price by ₹2.50 amid global tensions
after close1 source ↓written by the desknot a recommendation
Torrent Gas has raised CNG prices by ₹2.50 per kg due to escalating geopolitical tensions in West Asia, impacting local fuel costs. This adjustment reflects the instability in global energy markets, affecting essential transport fuels for consumers and operators. Similar price hikes in commercial LPG and ATF were noted since April 1st.
The increase may influence market sentiment for gas distributors like IGL and MGL, as rising fuel costs could affect demand and operational expenses.
Not investment advice. For informational purposes only.