Jet Fuel Price Cut 6.5%, Commercial Cooking Gas By Rs 69 Per Cylinder

This is the third straight monthly reduction in rates. The price was on May 1 reduced by Rs 19 per cylinder and by Rs 30.5 on April 1.

Jet fuel or ATF price was reduced today by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices.

Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 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 per cent (Rs 749.25 per kl) increase on May 1.