ATF price hiked by over 2.7%

Jet fuel or ATF prices were today hiked by over 2.7 per cent, the second increase in rates in one month.

Aviation Turbine Fuel, or ATF, price at Delhi was hiked by Rs 2,036.59 per kilolitre, or 2.74 per cent, to Rs 76,241.33 per kl, according to Bharat Petroleum Corp Ltd (BPCL).

The increase follows a marginal Rs 597.48 per kl or 0.8 per cent hike in rates effected from December 1.

ATF prices had touched a life time high of Rs 77,089.42 per kl in October following five consecutive increases since June as rupee depreciated against the US dollar, making oil imports costlier.

Full report here Business LineĀ 


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