ATF price cut 6.5%, commercial LPG by ₹69
The Hindu
This is the third straight monthly reduction in rates. Prices differ from state to state depending on the incidence of local taxes.
Jet fuel or ATF price on Saturday was reduced by a steep 6.5% and that of commercial LPG used by hotels and restaurants by ₹69 per 19-kg cylinder on declining international oil prices.
Aviation turbine fuel (ATF) price was cut by ₹6,673.87 per kilolitre, or 6.5%, to ₹94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers.
The reduction follows a marginal 0.7% (₹749.25 per kl) increase on May 1.
The ATF rate in Mumbai was slashed to ₹88,834.27 per kl from ₹95,173.70.
Prices differ from state to state depending on the incidence of local taxes.
Alongside, oil firms also cut the price of commercial LPG by ₹69 to ₹1,676 per 19-kg cylinder.
This is the third straight monthly reduction in rates. The price was on May 1 reduced by ₹19 per cylinder and by ₹30.5 on April 1.
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