ATF price hiked by 5.3%
The Hindu
This is the 10th straight increase in jet fuel prices this year
Jet fuel prices on Monday were hiked by a steep 5.3%- the tenth straight increase this year— to an all-time high, in line with a surge in global energy prices.
The price of aviation turbine fuel (ATF)— the fuel that helps aeroplanes fly, was hiked by ₹6,188.25 per kilolitre, or 5.29%, to ₹1,23,039.71 per kl (₹123 per litre) in the national capital, according to a price notification of state-owned fuel retailers.
This is the 10th straight increase in jet fuel prices this year.
Meanwhile, petrol and diesel prices remained unchanged for the 41st straight day after rising by a record ₹10 per litre each.
Jet fuel prices are revised on the 1st and 16th of every month, while petrol and diesel rates are revised daily, based on equivalent rates in the international market.
Petrol and diesel prices were hiked by ₹10 a litre between March 22 and April 6 and have remained on freeze thereafter. State-owned oil firms have offered no reason for keeping petrol and diesel prices on freeze while raising ATF rates.
Petrol costs ₹105.41 a litre in the national capital and diesel is priced at ₹96.67 per litre.
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