In a major relief, the prices of Jet Fuel and commercial cylinders were reduced on Monday. Jet Fuel Prices were cut by 4 per cent, the third consecutive monthly cut, and commercial cooking gas (LPG) prices were reduced by Rs 1.50 per 19 kg cylinder.
However, The price of domestic LPG remained unchanged at Rs 903 per 14.2 kg cylinder.
Aviation turbine fuel (ATF) prices were reduced by Rs 4,162.5 or 3.9 per cent to Rs 101,993.17 per kl in the national capital, according to price announcements by state-run fuel retailers. This is the third consecutive monthly reduction in jet fuel prices. Earlier, ATF prices were reduced by almost 6 per cent (Rs 6,854.25 per kg) in November and by Rs 5,189.25 or 4.6 per cent in December.
LPG Cylinder price reduced
Additionally, oil companies have also reduced the price of commercial LPG used in various establishments like hotels and restaurants by Rs 1.50. A 19 kg LPG cylinder will cost Rs 1,755.50 in the national capital and Rs 1,708.50 in Mumbai.
No change in petrol and diesel price
Gasoline and diesel prices remained stagnant for the twenty-first consecutive month. The price of petrol in the national capital is Rs 96.72 per litre and the price of diesel is Rs 89.62 per litre. State fuel retailers are required to adjust gasoline and diesel prices based on daily moving average international fuel prices for 15 days, but have not done so since April 6, 2022.