Jet fuel sees 3.3% hike; commercial LPG rates rise by ₹62

Aviation fuel price increased by 3.3% in Delhi, while commercial LPG rate rose by ₹62 per cylinder.

Jet fuel, or ATF, price on Friday (November 1, 2024) was hiked by 3.3% and rate of commercial LPG used in hotels and restaurants increased by ₹62 per 19-kg cylinder in the monthly revision done in line with international oil price trends.

The aviation turbine fuel (ATF) price was increased by ₹2,941.5 per kilolitre, or 3.3%, to ₹90,538.72 per kl in the national capital, according to state-owned fuel retailers.

The hike comes after two rounds of reduction that had taken the rates to their lowest this year.

ATF price on October 1 was cut by 6.3% (₹5,883 per kl) and by ₹4,495.5 per kl, or 4.58% on September 1.

The ATF rate in Mumbai was increased to ₹84,642.91 per kl on Friday from ₹81,866.13 previously.

Oil firms also increased the price of commercial LPG by ₹62 to ₹1,802 per 19 kg cylinder.

This is the fourth straight monthly hike in commercial LPG prices. Prices were hiked by ₹48.5 to ₹1,740 on October 1. Prior to that rates were increased by ₹6.5 per cylinder on August 1 and by ₹39 on September 1. The four rounds of increase follow four monthly price reductions.