ATF Price Hike: Air travel can become expensive, oil companies increased ATF prices

New Delhi. J AT Fuel Prices (ATF Price) are updated along with LPG cylinder prices on the 1st of every month. Oil marketing companies release their new rates.

Today oil companies increased the price of ATF marginally by 0.7 percent. After this increase, it is being estimated that air travel may become expensive. However, oil companies have reduced the rates of commercial LPG cylinders used in places like hotels and restaurants by Rs 19 per cylinder in line with international prices.

Aviation turbine fuel (ATF) price in the national capital rose by Rs 749.25 per kilolitre, or 0.7 per cent, to Rs 101,642.88 per kilolitre, according to price notification of state-owned fuel retailers. On Wednesday, rates in Mumbai increased from Rs 94,466.41 to Rs 95,173.70 per kilolitre.

Prices vary from state to state depending on the impact of local taxes. On April 1, 2024, oil companies had reduced ATF prices by a nominal 0.5 percent.

Reduction in commercial cylinder prices

Oil companies have reduced the price of 19 kg commercial LPG cylinder by Rs 19 to Rs 1,745.50. Commercial cylinder prices have decreased for the second consecutive month. On April 1, commercial cylinder prices were cut by Rs 30.5 per 19 kg cylinder.

However, domestic LPG rates remained unchanged at Rs 803 per 14.2 kg cylinder. On April 1, the first cut in commercial LPG prices since January was made. There was an increase of Rs 14 per cylinder on February 1 and Rs 25.5 per cylinder on March 1.

This company keeps changing rates

State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) change the rates of LPG, ATF, petrol and diesel. This change has been made on the basis of the average price of benchmark international fuel and foreign exchange. ATF and LPG prices are revised on the 1st of every month.

Petrol-diesel prices

The prices of petrol and diesel remain stable. On March 14, their prices were reduced by Rs 2 per litre. The price of petrol in Delhi is Rs 94.72 per liter while the price of diesel is Rs 87.62.