State-owned oil companies have hiked jet fuel prices for the second time this month, raising rates by a steep two per cent with effect from midnight on Tuesday night.
“The price of aviation turbine fuel [ATF], or jet fuel, at Delhi's T3 airport was raised by Rs. 1,195 per kilolitre, or 1.95 per cent, to Rs. 62,310.33 per kl with effect from midnight tonight,” an official of Indian Oil said.
The increase comes on back of a massive 3.8 per cent or Rs. 2,845 per kl hike in rates effected from November 1.
But for a one-off marginal reduction in mid-October, ATF prices have been on the climb since September.
