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Aviation Turbine Fuel Price Hiked By 2.75%

Aviation turbine gasoline worth has been hiked

New Delhi:

Halting a declining pattern of final month, jet gasoline or aviation turbine gasoline (ATF) worth has been hiked by 2.75 per cent on firming worldwide oil costs.

Aviation turbine gasoline (ATF) worth has been hiked by Rs 2,039.63 per kilo litre (kl), or 2.75 per cent, to Rs 76,062.04 per kl within the nationwide capital, in line with a worth notification of state-owned gasoline retailers.

The rise in charges comes on again of two rounds of worth cuts seen in December that mirrored a drop in worldwide oil costs in the course of the second half of November and mid-December.

Thereafter, worldwide charges have firmed up, resulting in the hike in ATF worth.

ATF worth had peaked to Rs 80,835.04 per kl in mid-November earlier than it was reduce on December 1 and 15 by a complete of Rs 6,812.25 per kl or 8.4 per cent.

Jet gasoline costs are revised on 1st and sixteenth of each month based mostly on common worth of worldwide benchmark within the previous fortnight.

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