Monday, October 3, 2022

lpg: ATF price cut by 1.3%, rate of commercial LPG reduced by 135

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FactdarshanPedia Desk
Factdarshanpedia Desk is a team of various journalists, who work together and publish best-researched news stories on Factdarshanpedia

NEW DELHI: Jet fuel prices on Wednesday were cut by 1.3% — the first reduction after 10 rounds of price hikes — on softening international crude oil rates. Simultaneously, prices of commercial LPG were reduced by Rs 135 per 19-kg cylinder.
The price of aviation turbine fuel (ATF) has been reduced by Rs 1,563.97 per kilolitre, or 1.27%, to Rs 1,21,475.74 per kl (Rs 121 per litre) in the national capital, according to a price notification of state-owned fuel retailers.
Rates were hiked by Rs 6,188.25 per kl, or 5.29%, on May 16, to a record high level of Rs 1,23,039.71 per kl.
Commercial LPG rates were reduced to Rs 2,219 per 19-kg cylinder, from Rs 2,354, the notification showed.
Prior to the cut, rates of commercial LPG had risen by Rs 355.5 per cylinder this year. However, prices of cooking gas LPG used in households remained unchanged at Rs 1,003 per 14.2-kg cylinder.

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