OMCs Hike ATF Price By 1.45% Commercial LPG Up Rs 16.5/ Cylinder

New Delhi: Jet fuel, or ATF, price on Sunday was hiked by 1.45 per cent and rates of commercial LPG used in hotels and restaurants increased by Rs16.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends.

The aviation turbine fuel (ATF) price was increased by Rs1,318.12 per kilolitre, or 1.45 per cent, to Rs91,856.84 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. This is the second straight monthly increase in jet fuel prices. Rates were increased by Rs2,941.5 per kl (3.3%) on November 1.

That hike came after two rounds of reduction, which had taken the rates to their lowest level this year. ATF price on October 1 was cut by 6.3 per cent (Rs5,883 per kl) and by Rs4,495.5 per kl, or 4.58 per cent on September 1.