Jet fuel prices on Wednesday were cut by 1.3 per cent — the first reduction after 10 rounds of price hikes — on softening international crude oil rates.
Simultaneously, prices of commercial LPG – used by business establishments such as hotels and restaurants – were reduced by Rs 135 per 19-kg cylinder.
The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — has been reduced by Rs 1,563.97 per kilolitre, or 1.27 per cent, to Rs 1,21,475.74 per kl (Rs 121 per litre) in the national capital, according to a price notification of state-owned fuel retailers.
