Oil firms hiked the value of aviation turbine gas (ATF) or jet gas with impact from Saturday. That marked the sixth straight enhance within the worth of aviation turbine gas since June. In Delhi, the value of jet gas was elevated by Rs 1,304.25 – or 3.06 per cent – to Rs 43,932.53 per kilolitre, in comparison with the prevailing Rs 42,628.28 per kilolitre, in response to Indian Oil Corporation. Aviation turbine gas charges are revised on the first and 16th day every month to convey them at par with worldwide crude oil costs and foreign exchange charges within the previous fortnight.
Here are Indian Oil’s jet gas costs with impact from August 1, 2020:
|Location||Price For Domestic Airlines (In Rupees Per Kilolitre)||Price For Domestic Airlines On International Run (In Dollars Per Kilolitre)|
|(Source: Indian Oil Corporation)|
Jet gas costs have been earlier raised by a document 56.6 per cent – or Rs 12,126.75 – on June 1, adopted by a hike of 16.Three per cent (Rs 5,494.5) on June 16, 7.48 per cent (Rs 2,922.94) on July 1, and 1.5 per cent (Rs 635.47) on July 16.
Meanwhile, India’s crude oil imports fell in June to their lowest degree since February 2015, authorities information confirmed on Friday. Brent crude futures – the worldwide benchmark for crude oil – ended 0.62 per cent increased at $43.52 per barrel on Friday.
Earlier that day, the rupee settled practically unchanged at 74.81 towards the greenback.