Oil companies raise jet fuel prices by 1.7%

New Delhi: Snapping a three-month trend of price cuts, state-owned oil firms today hiked jet fuel rates by 1.7% in line with firming international oil rates.
The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 1,039.1 per kilolitre (kl), or 1.7%, to Rs 62,208.18, according to Indian Oil Corp, the nation's largest oil firm.
The hike comes on back of reductions in rates in six fortnights, including a steep 5% (Rs 3,260 per kl) cut effected from June 16 and about 2% (Rs 1,241 per kl) fall in prices from July 1.
16/07/12 Press Trust of India/Business Standard

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Categories: Indian Aviation- In General Jul 2012