Jet fuel price cut by 1.5%, commercial LPG rates down ₹14.5 per cylinder
The Hindu
Aviation turbine fuel (ATF) and commercial LPG prices reduced in Delhi and Mumbai, following monthly revisions by state-owned retailers.
The price of Jet fuel, or ATF, on Wednesday (January 1, 2025) was reduced by 1.5% and rates of commercial LPG that is used in hotels and restaurants were cut by ₹14.5 per 19-kg cylinder in the monthly revision done in line with benchmark international prices.
The aviation turbine fuel (ATF) price was reduced by ₹1,401.37 per kilolitre, or 1.52%, to ₹90,455.47 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.
The rate cut follows two rounds of monthly increases. Prices were increased by ₹2,941.5 per kl (3.3%) on November 1, and by ₹1,318.12 per kl (1.45%) on December 1, 2024.
The ATF price in Mumbai has been reduced to ₹84,511.93 on Wednesday (January 25, 2025), from ₹85,861.02 per kl previously.
Oil firms also reduced the price of commercial LPG by ₹14.5 to ₹1,804 per 19-kg cylinder in the national capital.
This is the first reduction in the prices after the fifth straight monthly hikes in commercial LPG prices. Rates were hiked by ₹16.5 per 19-kg cylinder at the last revision on December 1, 2024.
In five price increases, commercial LPG rates had been hiked by ₹172.5 per 19-kg cylinder.
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