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HomeNewsBusinessATF price hiked 1.45%, commercial LPG up Rs 16.5 per cylinder

ATF price hiked 1.45%, commercial LPG up Rs 16.5 per cylinder

This marks the second consecutive monthly hike after a 3.3 percent rise in November.

December 01, 2024 / 10:13 IST
The ATF price in Mumbai was increased to Rs 85,861.02 per kl on Sunday from Rs 84,642.91 previously.

Jet fuel (ATF) prices were raised by 1.45 percent on Sunday, increasing by Rs 1,318.12 per kilolitre to Rs 91,856.84 in Delhi, as per state-owned oil companies. This marks the second consecutive monthly hike after a 3.3 percent rise in November. Mumbai saw ATF prices rise to Rs 85,861.02 per kilolitre.

Commercial LPG prices also saw a Rs 16.5 increase, with a 19-kg cylinder now costing Rs 1,818.50 in Delhi. This is the fifth straight monthly hike, bringing the total increase to Rs 172.5 since August. Rates now stand at Rs 1,771 in Mumbai, Rs 1,927 in Kolkata, and Rs 1,980 in Chennai, marking the highest levels in a year.

Earlier, commercial LPG prices had been reduced by Rs 148 over four months, but the recent hikes have negated these cuts.

In contrast, domestic LPG rates remain unchanged at Rs 803 for a 14.2-kg cylinder. Similarly, petrol and diesel prices have been steady since a Rs 2 per litre reduction in March, with petrol priced at Rs 94.72 and diesel at Rs 87.62 per litre in Delhi.

State-run oil firms revise fuel prices monthly, based on global benchmarks and currency fluctuations.

(With inputs from agencies)
Moneycontrol News
first published: Dec 1, 2024 10:03 am

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