ATF prices up by 3.2% on firming international oil ratesATF prices up by 3.2% on firming international oil rates

New Delhi: State-owned oil companies on Wednesday hiked jet fuel price by 3.2% on the back of firming up of international oil rates.

The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 2,039.24 per kilolitre (kl), or 3.25%, to Rs 64,596.36 per kl with effect from midnight tonight, Indian Oil Corp, the nation's largest retailer, said.

The hike comes after two rounds of reduction in rates effected from February 1 and 16.

In Mumbai, ATF will cost Rs 65,636.74 per kl from tomorrow, as against the current rate of Rs 63,499 per kl.

01/03/12 PTI/Economic Times

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Categories: Indian Aviation- In General Feb 2012