IOC again hikes ATF prices by 2 percent
December 31st, 2010 - 10:49 pm ICT by IANSNew Delhi, Dec 31 (IANS) State-owned Indian Oil Corporation (IOC) Friday raised aviation turbine fuel (ATF) prices by two percent, which now stand at Rs. 47,816 per kilolitre in Delhi.This is the sixth straight ATF rate hike since October, 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, HPCL and BPCL revise ATF prices based on the average international prices, on the first and 16th of every month.
ATF prices were last hiked Dec 15 when state-owned oil marketing companies raised prices by 3.6 percent, taking them up by Rs. 1,636.58 a kilolitre to Rs. 46,876.58 in the national capital.
- Aviation fuel prices raised 3.6 percent - Dec 15, 2010
- Indian Oil Corporation raises jet fuel prices by 4.5 percent - Jan 31, 2011
- Aviation fuel prices raised - Apr 15, 2011
- Hike in jet fuel price to jack up air fares: Patel - Jan 17, 2011
- BJP demands rollback of petrol price hike - Jan 16, 2011
- Petrol prices to rise by Rs 2.54 per litre from midnight tonight - Jan 15, 2011
- BPCL hikes petrol price by Rs. 2.95 per litre - Dec 14, 2010
- Airfare to rise along with fuel price, says Praful Patel - Jan 18, 2011
- Oil firms mulling another price hike - Nov 01, 2011
- Jet fuel price cut by Rs.1,974 a kilolitre - Jan 31, 2012
- 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
- Forced to hike petrol prices, say government, oil firms - Nov 04, 2011
- IOC reports quarterly net loss of Rs.7,485.55 crore - Nov 09, 2011
- Oil firms increase jet fuel price by two percent - Nov 15, 2011
Tags: aviation, crude oil prices, hpcl, indian oil, indian oil corporation, international oil prices, ioc, last tuesday, marketing companies, New Delhi, rate hike, rs 1, turbine fuel, upward swing