State-run oil marketing companies on Wednesday sharply hiked the price of non-subsidised LPG cylinders. According to Indian Oil website, a 14.2 kg non-subsidised LPG cylinder is now priced at ₹858.5 in New Delhi, a sharp hike of ₹144.5 from its last revision on January 1. The price of LPG cylinders in India is dependent primarily on two factors - the international benchmark rate of LPG and the exchange rate of US dollar and rupee.