Jet fuel (ATF) price on Saturday was slashed by 4.5 per cent and that of commercial LPG used in hotels and restaurants by Rs 25.5 per 19-kg cylinder.<\/p>\n
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Photograph: Max Rossi\/Reuters<\/span><\/p>\n The price of a 19-kg commercial LPG cylinder was cut to Rs 1,859.50 in the national capital from Rs 1,885, according to a price notification from state-owned fuel retailers.<\/p>\n This is the sixth reduction in price of commercial LPG since June, in step with softening international energy prices.<\/p>\n \u00a0<\/p>\n In all, rates have come down by Rs 494.50 per 19-kg cylinder.<\/p>\n However, rates of LPG used in household kitchens for cooking purposes remained unchanged at Rs 1,053 per 14.2-kg cylinder.<\/p>\n This is because the rates of domestic cooking gas were way lower than cost and now with a drop in international prices, they are at breakeven, industry sources said.<\/p>\n Commercial LPG rates, on the other hand, have largely been aligned with cost and so they have moved in tandem with rise and fall in international prices.<\/p>\n Simultaneously, the rates of aviation turbine fuel (ATF) were cut marginally by 4.5 per cent.<\/p>\n Jet fuel price was cut by Rs 5,521.17, or 4.5 per cent, to Rs 115,520.27 pr kl in the national capital.<\/p>\n Rates differ from state to state depending on incidence of local taxes.<\/p>\n While commercial LPG rates are revised once a month, ATF prices are changed every fortnight.<\/p>\n There was no change in jet fuel prices on September 16.<\/p>\n Prior to that, they were cut marginally by 0.7 per cent on September 1.<\/p>\n Petrol and diesel prices, however, continued to remain on freeze for a record near six months.<\/p>\n Petrol costs Rs 96.72 per litre in the national capital and diesel comes for Rs 89.62.<\/p>\n<\/div>\n[ad_2]\n<\/p>\n News From This Website <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"