Jet fuel prices in India cut as brent hovers around $100 barrel

Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices. Aviation turbine fuel (ATF) prices were cut by Rs 3,084.94 per kilolitre, or 2.2 per cent, to Rs 138,147.93 per kl, a price notification of state-run fuel retailers showed.

This is only the second reduction in rates this year. Prices had peaked to Rs 141,232.87 per kl (Rs 141.23 per litre) last month.