Air Travel to Get Expensive as Jet Fuel Prices Hiked by 5 Percent in Delhi
2 years, 7 months ago

Air Travel to Get Expensive as Jet Fuel Prices Hiked by 5 Percent in Delhi

News 18  

The Indian Oil Corporation has announced a hike in jet fuel prices by 5 percent, taking it to Rs 1.23 lakh per kilolitre in Delhi, CNBC-TV18 reported today on May 16. The aviation turbine fuel prices have been hiked 61.7 per cent from Rs 72,062 per kl to Rs 1.23 lakh per kl since January. In Chennai, petrol retail price for Saturday is Rs 110.85 per litre while diesel retail price in the capital city of Tamil Nadu stands at Rs 100.94 per litre. Companies like Indian Oil Corporation Ltd, Hindustan Petroleum Corporation Ltd, and Bharat Petroleum Corporation Ltd make the price revisions influenced by factors like benchmark international crude oil prices and foreign exchange rates.

History of this topic

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