{"id":308715,"date":"2020-01-04T10:55:17","date_gmt":"2020-01-04T05:25:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=308715"},"modified":"2020-01-04T10:55:17","modified_gmt":"2020-01-04T05:25:17","slug":"domestic-airlines-staring-at-headwinds-over-rising-oil-us-iran-tensions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-airlines-staring-at-headwinds-over-rising-oil-us-iran-tensions\/","title":{"rendered":"Domestic airlines staring at headwinds over rising oil, US-Iran tensions"},"content":{"rendered":"<p>Domestic airlines are facing pressure with the increase in crude oil prices and soft demand which has limited price hikes to a single digit.<\/p>\n<p>State oil marketing companies raised the price of jet fuel by 2.6 per cent from January 1. A kilolitre of jet fuel now costs Rs 64,423 and on a year-on-year (YoY) basis, it amounts to a 10 per cent price hike.<\/p>\n<p>Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US.<\/p>\n<p>Prices are expected to stay at elevated levels due to production cuts by oil producing countries and expectation of a trade deal between China and the US.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic airlines are facing pressure with the increase in crude oil prices and soft demand which has limited price hikes to a single digit. State oil marketing companies raised the price of jet fuel by 2.6 per cent from January 1. A kilolitre of jet fuel now costs Rs 64,423 and on a year-on-year (YoY) basis, it amounts to a 10 per cent price hike. Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US. Prices are expected to stay at elevated levels due to production cuts by oil producing countries and expectation [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-308715","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=308715"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308715\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=308715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=308715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=308715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}