Page 3 - Jet Fuel

ATF price hiked 6.7%; petrol, diesel price increase may be on the anvil

The increase in price comes after two rounds of reduction last month

Jet fuel price cut by 1% amid softening international crude oil prices

This is the second reduction in rates this month

Jet fuel price cut by 3% in line with softening international crude prices

In the first reduction in rate in two months, jet fuel or ATF price on Thursday was cut by 3 per cent in line with softening international crude oil prices

Civil aviation min working on demand to bring jet fuel under GST: Kharola

ATF or jet fuel cost in India is among the highest in the world and the industry has long been demanding that it should be brought under GST regime

Top headlines: PM Modi receives Covid jab; ATF price raised by a steep 6.5%

Business Standard brings you top news of the evening

Airspace stimulus to save over Rs 1,000-crore in jet fuel costs in FY21

Aviation turbine fuel accounts for 35-40 per cent of the total operating cost of an Indian airline

Demand for petrol and diesel back to normal, jet fuel remains tepid

Diesel purchases went up for first time this financial year in October 1-15 period. Consumption of diesel was up 8.8%, of petrol by 1.5% YoY

Jet fuel price up almost 2%, kerosene rate cut by Rs 2.19 per litre

Jet fuel (ATF) price was hiked by almost 2 per cent on Thursday, while rate of kerosene sold through PDS was cut by Rs 2.19 per litre as oil firms synced rates in line with international cost.

Thanks to Covid, jet fuel is so cheap it's being blended for use by ships

The shift, almost unthinkable just a year ago, reflects the obliteration of demand the aviation industry has suffered in the wake of the Covid-19 pandemic

Non-subsidised LPG price hiked marginally in metros, jet fuel up by 7.5%

Simultaneously, non-subsidised cooking gas LPG rates were increased by Re 1 to Rs 594 per 14.2-kg cylinder in the national capital

Jet fuel price increased by 16.3% as international oil rates firm up

Simultaneously, petrol and diesel prices were hiked for the 10th day in a row

Covid-19: Jet fuel refining margins turn negative as airlines ground fleets

Refining margins for jet fuel plunged to minus 7 cents per barrel over Dubai crude on Monday, a level not seen in the last 11 years

Jet fuel prices cut by steep 10% as oil slumps over coronavirus outbreak

The rate of non-subsidised LPG was also reduced to Rs 805.50 per 14.2-kg cylinder from Rs 858.50 previously

Relief to airlines: Govt scraps fuel throughput charge at all airports

Fuel throughput charge scrapped; carriers to save Rs 500 crore a year

Jet fuel price hiked by 2.6%, cost of non-subsidised LPG goes up by Rs 19

This is the second straight monthly increase in rates warranted due to firming up of prices in the international market

GoAir inks pact with Dubai-based Emirates National Oil Co for ATF supply

The pact was signed by Farid Al Bastaki, director, ENOC Aviation and Bhasin at the airlines headquarter in the city, the release stated

Gas and ATF likely to be brought under GST soon, says govt source

Experts said that the ATF price would come down if it is kept in the 18% GST bracket

OMCs flag roadblocks in govt's plan of rationalising taxes on jet fuel

Currently, airlines have to pay taxes for certain services, such as 'throughput charges', 'into-plane charges' and 'fuel-infrastructure charges' when they take the ATF at any airport for their planes

After talks, PSU OMCs begin jet fuel supply to Air India at 6 airports

Supplies to Air India resumed from Saturday evening, said an official spokesperson

Jet fuel price cut by 1% to 4-month low, LPG rate up by Rs 15 per cylinder

State-owned fuel marketing companies revise ATF prices on the 1st of every month based on average of benchmark international oil price in the previous month