India

Commercial Cooking Cylinder Soars By Rs 39 While Jet Fuel Price Cut By 4.6%

In a latest development in gas and fuel market, jet fuel or ATF has been reduced by 4.6 percent on the other hand prices of commercial cooking cylinders have surged by 39 rupees per 19 kg cylinder.  The change comes in line of the monthly change with international oil price trend.

The price of aviation turbine fuel (ATF) has been reduced by ₹4,495.5 per kilolitre, or 4.58 percent, bringing it down to ₹93,480.22 per kilolitre in the national capital.

Also Read: IndiGo Flight From Jabalpur To Hyderabad Diverted After Bomb Threat

This price cut is expected to alleviate some of the financial pressure on airlines, where fuel accounts for nearly 40 percent of operating costs.

The reduction comes after two consecutive monthly price hikes. On August 1, jet fuel prices were raised by 2 percent, or ₹1,827.34 per kilolitre, followed by a 1.2 percent increase of ₹1,179.37 per kilolitre. These increases followed a significant 6.5 percent decrease, or ₹6,673.87 per kilolitre, implemented on June 1.

In Mumbai, the ATF price was lowered on Sunday from ₹91,650.34 per kilolitre to ₹87,432.78 per kilolitre.

Prices vary across states due to differing local taxes.

Additionally, oil companies raised the price of commercial LPG by ₹39, bringing the cost of a 19-kg cylinder to ₹1,691.50.

This marks the second consecutive monthly increase, following a ₹6.5 per cylinder hike on August 1. These two price increases come after four consecutive monthly reductions, during which rates were cut by a total of ₹148 per 19-kg cylinder.

However, the price of cooking gas for domestic households remains unchanged at ₹803 per 14.2-kg cylinder.

State-owned companies—Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd—adjust prices of ATF and cooking gas on the first of every month, based on the average international benchmark fuel price and the foreign exchange rate.

Shibra Arshad

Recent Posts

Pakistan vs. India: Live Score Update From Champions Trophy 2025

The much-anticipated 5th match of the ICC Champions Trophy 2025 is underway today between India…

3 hours ago

Domestic & International Air Traffic Growth In January 2025

India’s domestic air passenger traffic rises 14.5% YoY in January 2025, with international traffic showing…

3 hours ago

India vs. Pakistan: Spin vs. Pace In High-Stakes ICC Champions Trophy 2025 Showdown

Cricket fans are eagerly anticipating one of the most exciting clashes of the ICC Champions…

3 hours ago

India Receives Prince Michael Decade Of Action Road Safety Award

India has been honored with the Prince Michael Decade of Action Road Safety Award for…

3 hours ago

Schneider Electric To Open Three New Plants In India

Schneider Electric announces plans to establish three new manufacturing plants in India, bolstering its presence…

4 hours ago

India’s Electricity Supply Grows In Rural, Urban Areas: Union Minister Khattar Highlights

Union Power Minister Manohar Lal Khattar announces a significant rise in electricity supply in rural…

4 hours ago