Oil PSUs raise jet fuel prices by 6.7 per cent

State-run oil marketing companies have raised prices of aircraft turbine fuel (ATF) or jet fuel by about 6.7 per cent, in line with rising international prices of the fuel.

This is the third time since mid-March that the oil PSUs are jacking up ATF prices. The cumulative increase since 16 March works out to 17.8 per cent.

IndianOil, Bharat Petroleum and Hindustan Petroleum had on 1 April raised aviation turbine fuel prices by 10 per cent after a marginal Rs158 per kl increase two weeks prior to that.

ATF in Delhi will cost Rs31,926 per kl from tomorrow as against Rs29,925.97 per kl earlier. In Mumbai, it will cost Rs32,855 per kl against Rs30,784.81 per kl earlier.

Jet fuel prices varies from airport to airport depending on local taxes and levies and on average worked out to be Rs2,066 per kl.

On 16 March, oil marketing companies raised jet fuel prices by Rs168.85 per kl and by Rs2,651.02 per kl on April 1.