Aviation fuel prices slashed further by 11 percent

Tuesday, 16 December 2008, 15:40 IST   |    3 Comments
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New Delhi: State-run oil companies Monday cut aviation turbine fuel (ATF) prices by over 11 percent, the seventh reduction since September this year, an oil company official said. The new prices will come into effect from midnight Monday. Now, ATF will be sold at 32,691.28 per kilolitre in Delhi (cut by 4,208.37), the official at Indian Oil Corp said. In Mumbai, the aviation fuel will cost 33,719.46 per kilolitre (kl) against 38,103.19. Oil companies earlier this month cut ATF prices by 2,480 per kl. ATF prices touched 71,028.26 per kl in Delhi in August this year. However, with fall in international oil prices, the fuel prices have subsequently been slashed.
Source: IANS