For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Jet Fuel Price Hiked But Still Costs Less Than Petrol Or Diesel

    |

    On Friday, the price of Aviation Turbine Fuel (ATF) was hiked by 8.15 percent or Rs 4,734.15 per kilolitre to Rs 62,795.12 per kl, according to a notification issued by state-owned oil retailing firms.

    Jet Fuel Price Hiked But Still Costs Less Than Petrol Or Diesel
     

    The increase was attributed to the rise in international oil prices and is the first upward revision in 4 months. These rates are revised on the first day of every month based on the international prices and foreign exchange valuation in the preceding month.

    On 1 February the prices were unchanged. Prior to that, rates were cut by a record 14.7 percent (Rs 9,990 per kl) on 1 January and by 10.9 percent (Rs 8,327.83 per kl) on 1 December.

    Despite being revised to its highest level for the year 2019, ATF continues to be cheaper than more commonly used fuels in the country like petrol, diesel or non-PDS kerosene. On 1 March, per litre of petrol in Delhi was priced at Rs 71.81 while diesel costed Rs 67.12. In comparison, ATF is cheaper at Rs 62,795.12 per kl or Rs 62.79 per litre. Non-PDS kerosene in Delhi is priced at Rs 64.46 per litre.

    ATF in Mumbai, home to one of the busiest airport in the country, costs Rs 62,748.70 per kl or Rs 62.74 per litre.

    Read more about: atf
    Story first published: Saturday, March 2, 2019, 16:14 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more