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