Aviation turbine fuel costlier by 5.5%, LPG goes cheaper by Rs 11
Jul 1, 2016, 16:09 IST
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Aviation turbine fuel (ATF), used in aircraft aviation, has gone costlier by 5.5% for fifth continuous month, while prices of non-subsidised cooking gas (LPG) have been deducted by Rs 11 per cylinder. Price of ATF, or jet fuel as it’s commonly known, in Delhi was increased by Rs 2,557.7 per kilolitre (kl), (5.47%), and now costs Rs 49,287.18 per kl. This is the fifth continuous increase in ATF rates in last 5 months. The last time prices were revised was on 1st June, when prices were hiked by a steep 9.2%. These five increases have made ATF rates go up by 25% since March. However, this fuel is still cheaper than petrol and diesel; when calculated per litre, turns out to be Rs 49.28, as compared to Rs 64.76 a litre for petrol and Rs 54.70 a litre for diesel.
Oil firms have also cut prices of non-subsidised LPG, which consumers buy after exhausting their quota of 12, by Rs 11 for the common 14.2-kg cylinder. An LPG cylinder now costs Rs 537.50 in Delhi, as compared to the previous price of Rs 548.50 per cylinder.
The last two changes in prices have been two successive increases, first by Rs 18 and then by Rs 21.
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