News > Jet fuel prices in India touch new record after 16% hike

Jet fuel prices in India touch new record after 16% hike

The Hindu | 16/06/2022 06:31 PM | Click to read full article

Jet fuel prices on Thursday were hiked by the steepest ever 16% to catapult rates to an all-time high in step with hardening international oil rates.

The price of aviation turbine fuel (ATF) the fuel that helps aeroplanes fly has been increased by ₹19,757.13 per kilolitre, or 16.26%, to ₹1,41,232.87 per kl (₹141.2 per litre) in the national capital, according to a price notification of state-owned fuel retailers.