Indian Oil raises jet fuel prices

Indian Oil Corp, the nation’s largest refiner, will increase jet fuel prices by 4.55 per cent starting tomorrow, a company official said.

The price in Mumbai, home to the country’s busiest airport, was raised to 39,830 rupees ($825.6) a kiloliter from 38,097.77 rupees, the official said in a text message, asking not to be identified until the figures are posted on Indian Oil’s website.