State-owned oil firms on Sunday hiked jet fuel prices marginally by less than 1 per cent, in sync with a rise in global rates.

Aviation Turbine Fuel (ATF) rates were hiked by Rs. 299 per kilo-litre to Rs. 42,235 per kl in Delhi, with effect from midnight tonight, an official of Indian Oil Corp, the nation’s largest fuel retailer.

The hike comes on the back of a near 3 per cent increase in rates which came into effect on October 16.

ATF, or jet fuel, will cost Rs. 43,553 per kl in Mumbai, home to the nation’s busiest airport, as against Rs. 43,242 per kl previously.

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