ATF price cut 6%, commercial LPG up ₹48.5 per cylinder

ATF price cut 6%, commercial LPG up ₹48.5 per cylinder



A employee was seen arranging the LPG fuel cylinder earlier than the supply, at the same time as the speed of economic LPG utilized in motels and eating places was hiked by ₹48.5 per 19-kg cylinder within the month-to-month revision achieved in step with worldwide oil worth developments.
| Photograph Credit score: SUSHIL KUMAR VERMA

Jet gasoline, or ATF, worth was on Tuesday (October 1, 2024) lowered by 6.3% to its lowest stage this yr, whereas the speed of economic LPG utilized in motels and eating places was hiked by ₹48.5 per 19-kg cylinder within the month-to-month revision achieved in step with worldwide oil worth developments.

Aviation Turbine Gasoline (ATF) worth was minimize by ₹5,883 per kilolitre, or 6.29%, to ₹87,597.22 per kl within the nationwide capital, in line with state-owned gasoline retailers.

That is the bottom worth of jet gasoline this yr.

The worth discount, the second in a month, will assist ease the burden of airways for whom gasoline makes up for nearly 40% of the working price.

Costs have been on September 1 minimize by ₹4,495.5 per kl, or 4.58%.

The ATF fee in Mumbai was lowered to ₹81,866.13 per kl on Tuesday from ₹87,432.78 beforehand.

Costs differ from State to state relying on the incidence of native taxes.

Alongside, oil companies elevated the value of economic LPG by ₹48.5 to ₹1,740 per 19-kg cylinder.

That is the third straight month-to-month improve. Costs have been hiked by ₹6.5 per cylinder on August 1 and by ₹39 on September 1. The three rounds of improve comply with 4 month-to-month worth reductions.

In 4 worth reductions, charges have been minimize by ₹148 per 19-kg cylinder and now in three rounds of improve, costs have gone up by ₹94 per bottle.

Business LPG now prices ₹1,692.50 per 19-kg cylinder in Mumbai, ₹1,850.50 in Kolkata and ₹1,903 in Chennai.

The speed of cooking fuel utilized in home households, nonetheless, remained unchanged at ₹803 per 14.2-kg cylinder.

State-owned Indian Oil Company (IOC), Bharat Petroleum Company Ltd (BPCL), and Hindustan Petroleum Company Ltd (HPCL) revise costs of ATF and cooking fuel on the primary of each month primarily based on the typical worth of benchmark worldwide gasoline and international alternate fee.

Costs of petrol and diesel proceed to stay frozen. Charges had been minimize ₹2 per litre in mid-March. Petrol prices ₹94.72 a litre in Delhi whereas diesel is priced at ₹87.62.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *