Friday, October 16, 2009

ATF prices slashed by 2.1 per cent

New Delhi: For the third straight fortnight in a row, the state-owned oil firms today slashed jet fuel prices by 2.4 per cent on strengthening of rupee against dollar.
The Aviation Turbine Fuel or ATF price in Delhi has been cut by Rs 896 per kilolitre (kl) to Rs 36,188 per kl, with effect from midnight tonight, an official of the Indian Oil Corp(IOC), the nation's largest fuel retailer, said.
IOC along with its sister PSUs, Bharat Petroleum Corp and Hindustan Petroleum Corp, had from September 16 slashed jet fuel rates by as much as 3.2 per cent and followed it up with a 2.1 per cent cut in rates from October 1 to Rs 37,084.50 per kl.
15/10/09 Press Trust of India
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