INSUBCONTINENT EXCLUSIVE:
Aviation turbine fuel prices rose across the country after rates were hiked by 5.2 per centNew Delhi: Jet fuel or aviation turbine fuel
(ATF) prices rose across the country on Wednesday after rates were hiked by 5.2 per cent in sync with international oil price.ATF price was
hiked by Rs 4,481.63 per kilolitre or 5.2 per cent to Rs 90,519.79 per kl in the national capital, according to a price notification of
and diesel prices remained unchanged for a record 103rd day in a row, especially keeping in mind the fact that assembly elections are taking
The rate is higher than Rs 71,028.26 per kl which were recorded in in August 2008 when international crude oil prices touched $147 per
barrel.The increase in price will put pressure on the already strained balance sheets of airlines that are yet to resume full operations due
to pandemic-related restrictions.Wednesday's price increase is the fourth hike this year
Rates were hiked by Rs 2,039.63 per kl or 2.75 per cent to Rs 76,062.04 per kl on January 1 and then again by Rs 3,232.87 per kl (4.25 per
cent) to Rs 79,294.91 per kl on January 16
They went up by Rs 6,743.25 per kl or 8.5 per cent to Rs 86,038.16 on February 1.With four hikes, ATF prices have gone up by Rs 16,497.38
per kl.These hikes in the rate came on the back of two rounds of price cuts seen in December that reflected a drop in international oil
prices during the second half of November and mid-December.Thereafter, international rates have firmed up, leading to the hike in ATF
