{"id":31464,"date":"2015-09-01T11:54:57","date_gmt":"2015-09-01T11:54:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=31464"},"modified":"2015-09-01T11:54:57","modified_gmt":"2015-09-01T11:54:57","slug":"jet-fuel-price-reduced-by-11-7-sharpest-cut-in-six-months","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-fuel-price-reduced-by-11-7-sharpest-cut-in-six-months\/","title":{"rendered":"Jet fuel price reduced by 11.7%, sharpest cut in six months"},"content":{"rendered":"<p>In a major relief to domestic airlines, state oil marketing companies cut the price of jet fuel by 11.7%.<\/p>\n<p>This is the sharpest cut in the jet fuel price in the last six months and second highest in a year following a sustained decline in crude oil price<\/p>\n<p>In Delhi, the jet fuel price has reduced to Rs 40,938 per kilolitre from September 1 from Rs 46,407 a month earlier. Prices in other markets vary due to differences in sales tax on jet fuel.<\/p>\n<p>On an year-on-year basis the price of jet fuel in domestic market is down over 41%. Last September, jet fuel was priced at Rs 69,603 per kilolitre in Delhi.<\/p>\n<p>Analysts say falling oil prices coupled with demand recovery are a positive for Indian airlines. While the drop in prices results in reduction in operating costs the price decline has also given airlines a cushion to drop fares to stimulate demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a major relief to domestic airlines, state oil marketing companies cut the price of jet fuel by 11.7%. This is the sharpest cut in the jet fuel price in the last six months and second highest in a year following a sustained decline in crude oil price In Delhi, the jet fuel price has reduced to Rs 40,938 per kilolitre from September 1 from Rs 46,407 a month earlier. Prices in other markets vary due to differences in sales tax on jet fuel. On an year-on-year basis the price of jet fuel in domestic market is down over 41%. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-31464","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/31464","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=31464"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/31464\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=31464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=31464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=31464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}