THE JHARKHAND STORY DESK
New Delhi, Nov 1: In its latest monthly review aligned with global fuel benchmarks, state-owned oil companies on Saturday increased aviation turbine fuel (ATF) prices by nearly 1 per cent while slightly reducing the cost of commercial LPG cylinders.
The price of jet fuel in the national capital—home to one of the country’s busiest airports—has now climbed to Rs 94,543.02 per kilolitre, marking a rise of Rs 777 per kl or 0.8 per cent. This follows a Rs 3,052.5 per kl (3.3 per cent) increase implemented on October 1, making it the second consecutive monthly hike.
With this revision, fuel costs are expected to further strain commercial airlines, for which ATF accounts for almost 40 per cent of operational expenditure. Prices vary across cities due to differing local taxes, with Mumbai now charging Rs 88,744.87 per kl, Chennai Rs 98,089.68, and Kolkata Rs 97,549.18 per kl.
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Meanwhile, the price of commercial LPG cylinders used in hotels and restaurants has been reduced by Rs 5 per 19-kg cylinder, bringing the new rate to Rs 1,590.50 in Delhi. The modest reduction follows a Rs 15.50 increase last month and comes after six earlier cuts since April, which together brought down prices by Rs 223 per cylinder.
The rate of domestic LPG, however, remains unchanged at Rs 853 per 14.2-kg cylinder, with the last revision being a Rs 50 hike in April. Petrol and diesel prices also continue to be on hold since mid-March last year, when rates were cut by Rs 2 per litre—petrol currently costs Rs 94.72 a litre and diesel Rs 87.62 in Delhi.
Oil marketing companies—Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL)—revise ATF and LPG rates on the first of each month based on international price trends and foreign exchange fluctuations.
Global oil prices have remained largely range-bound over the past month, keeping domestic fuel revisions moderate.
