Now traveling by plane can be expensive. ATF prices have been increased for the second time in this month amid increase in international crude oil prices. Let us know how much ATF price has increased this time.
New Delhi: Air travel Update: There is going to be a big setback for air travelers. Now traveling by plane can be expensive. ATF prices have been increased for the second time in this month amid increase in international crude oil prices. With this, aircraft fuel ie ATF (Aviation Turbine Fuel) has become costlier by 4.2 percent.
According to the information given by state-run petroleum companies, ATF prices in Delhi have increased by Rs 3,232.87 per kiloliter or 4.25 percent to Rs 79,294.91 per kiloliter. Let us tell you that for the second time this month, the price of ATF has increased.
ATF prices hiked for the second time this month
It is worth noting that in January 2022, there has been an increase in ATF prices even before this. On January 1, the price of aircraft fuel was increased by Rs 2,039.63 per kiloliter or 2.75 per cent and at that time it reached Rs 76,062.04 per kiloliter. However, before that in December, ATF prices were cut twice.
Let us tell you that in mid-November, the price of jet fuel was at a high of Rs 80,835.04 per kiloliter. At the same time, on December 15, ATF prices were cut by Rs 6,812.25 per kiloliter or 8.4 percent. But, once again the price of ATF has increased.
Price revision happens twice a month
It is worth noting that the prices of jet fuel are revised twice in a month on 1st and 16th. By the way, during this period there has been a lot of volatility in the price of Brent crude oil at the international level. Brent crude oil was at $ 82.74 per barrel on November 5, 2021. At the same time, if we talk about December 1, then it came down to $ 68.87 per barrel. Since then its prices have been increasing and it has reached $ 85 per barrel.