Sunday, August 16, 2009

Oil companies hike ATF price by 4.5 per cent

New Delhi: State-run oil firms today hiked jet fuel prices by 4.5 per cent in step with firming international oil rates, the second time in a month.
Indian Oil, Bharat Petroleum and Hindustan Petroleum raised Aviation Turbine Fuel (ATF) rates in Delhi by Rs 1,662 per kilolitre to Rs 38,585 per kl effective midnight tonight, an IOC official said.
Global crude oil prices have firmed up during August on signs of recovery in major economies of the world including India. Crude oil prices rose to USD 74 per barrel last week.
15/08/09 Press Trust of India
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