lPG price up Rs 48/cylinder, ATF by 7%

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New Delhi: The price of non-subsidised lPG was on Friday hiked by Rs 48.50 per cylinder to Rs 698.50, while subsidised lPG was increased by over Rs 2 per cylinder to Rs 493.55 in Delhi, reflecting trends in the international oil market.

 Jet fuel or Aviation turbine fuel (ATF)price was also raised by Rs 4,688 per kilolitre, or 7.17 per cent, to Rs 70,028 per kl in Delhi, according to State-owned oil firms. This is the second straight increase in jet fuel rates in as many months.

ATF price was on May 1 raised by Rs 3,890 per kl to Rs 61,450 per kl. The two hikes have taken jet fuel rates to their highest level since May 2014.

A household is entitled to 12 cylinders of 14.2-kg each at subsidised rates in a year. Any quantity beyond that is to be bought at market rate.

Non-subsidised lPG was priced at Rs 747 per 14.2 kg cylinder on December 1 and rates were cut in every subsequent month to reach Rs 650.50 in May.             

Daily Pioneer
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