Indian Oil Corporation raises jet fuel prices by 4.5 percent
January 31st, 2011 - 9:29 pm ICT by IANSNew Delhi, Jan 31 (IANS) State-owned Indian Oil Corporation (IOC) Monday raised aviation turbine fuel (ATF) prices by 4.5 percent, which now stands at Rs.50,958.79 per kilolitre in Delhi.This is the eighth straight ATF rate hike since October 2010, when international oil prices took an upward swing.
Crude oil prices, which were $79 a barrel during June, soared to a two-year high of about $90 a barrel last Tuesday, before settling at $88.5 per barrel.
State-owned oil retailers IOC, Hindustan Petroleum Corporation Ltd and Bharat Petroleum Corporation Ltd revise ATF prices based on the average international prices on the first and 16th of every month.
ATF prices were last hiked Jan 15, when state-owned oil marketing companies raised prices by two percent, taking the prices to Rs.48,764 per kilolitre.
- IOC again hikes ATF prices by 2 percent - Dec 31, 2010
- Aviation fuel prices raised - Apr 15, 2011
- Aviation fuel prices raised 3.6 percent - Dec 15, 2010
- Hike in jet fuel price to jack up air fares: Patel - Jan 17, 2011
- Petrol, aviation fuel prices to go up from midnight - Jan 15, 2011
- Airfare to rise along with fuel price, says Praful Patel - Jan 18, 2011
- Jet fuel price cut by Rs.1,974 a kilolitre - Jan 31, 2012
- Petrol, aviation fuel prices to be hiked from midnight (Lead) - Jan 15, 2011
- BPCL hikes petrol price by Rs. 2.95 per litre - Dec 14, 2010
- Jet fuel price cut by Rs.350.70 a kilolitre - Feb 16, 2012
- Jet fuel price cut by Rs.622 a kilolitre - Dec 31, 2011
- BJP demands rollback of petrol price hike - Jan 16, 2011
- Oil firms mulling another price hike - Nov 01, 2011
- Fresh petrol price hike of Rs.1.80 per litre - Nov 03, 2011
- Petrol prices to rise by Rs 2.54 per litre from midnight tonight - Jan 15, 2011
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