Jet fuel price cut by 4.6%, 2nd in a mth
Commercial LPG price up Rs 21
image for illustrative purpose
New Delhi: Jet fuel or ATF price on Friday was cut by 4.6 per cent, the second reduction in a month, while commercial cooking gas (LPG) rate was hiked by Rs 21 per 19-kg cylinder in line with international benchmarks. However, the price of domestic LPG - used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder.
Aviation turbine fuel (ATF) price was cut by Rs 5,189.25, or 4.6 per cent, in the national capital to Rs 1,06,155.67 per kl from Rs 1,11,344.92, according to a price notification of state-owned fuel retailers. This is the second reduction in a month. Jet fuel price was cut by almost 6 per cent (Rs 6,854.25 per kl) on November 1.
The two rounds of reduction have wiped away almost a third of the Rs 29,391.08 per kl increase in rates effected in four monthly tranches starting July 1.
