Hike in jet fuel prices
at Sunday, December 19, 2010
Jet fuel prices hiked by 3.6%
Oil PSUs has also hiked jet fuel prices by a huge 3.6 per cent to Rs 46,876.58 per kl in the midst of rising petrol prices. This time hike in jet fules marks the fifth straight increase in rates since October when international crude oil prices started climbing. Aviation Turbine Fuel (ATF) rates in Delhi have been raised by Rs 1,636.58 per kilolitre, or 3.6 per cent, with effect from 17th December, an official of Indian Oil Corp (IOC) said. The latest hike caused due to the 1.4 per cent raise on December 1 and a massive 5.5 per cent increase effected on November 16, in sync with the rise in global rates.
