Jet fuel prices in India touch new record after 16% hike
2 years, 6 months ago

Jet fuel prices in India touch new record after 16% hike

The Hindu  

Jet fuel prices on Thursday were hiked by the steepest ever 16% to catapult rates to an all-time high in step with hardening international oil rates. The hike, which comes on the back of a marginal 1.3% cut in rate earlier this month, takes jet fuel prices to record high across the country. Petrol, diesel price unchanged Meanwhile, petrol and diesel prices remained unchanged at ₹96.72 per litre and ₹89.62 a litre, respectively. Rising fuel prices in India Fuel rates have been on the rise in India because energy prices globally have risen on the back of supply concerns following, Russia's invasion of Ukraine and demand returning after being hit by the pandemic.

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