ATF price up marginally, rates at record high

New Delhi, April 16

Jet fuel prices on Saturday were hiked by a marginal 0.2 per cent – the eighth straight increase this year – to an all-time high, reflecting a surge in global energy prices.

The price of aviation turbine fuel (ATF) – the fuel that helps aeroplanes fly – was hiked by Rs 277.5 per kilolitre, or 0.2 per cent, to Rs 1,13,202.33 per kl (Rs 113.2 per litre) in the national capital, according to a price notification of state-owned fuel retailers.

Meanwhile, petrol and diesel prices remained unchanged for the 10th straight day after rising by a record Rs 10 per litre each.

While jet fuel prices are revised on the 1st and 16th of every month, petrol and diesel rates are revised daily based on equivalent rates in the international market.

The increase in ATF price comes on back of the steepest ever hike of 18.3 per cent (Rs 17,135.63 per kl) effected on March 16 and a 2 per cent (Rs 2,258.54 per kl) increase on April 1.

ATF in Mumbai now costs Rs 111,981.99 per kl, while it is priced at Rs 117,753.60 in Kolkata and Rs 116.933.49 in Chennai.