Jet Fuel

Fuel restrictions for flights have been introduced at the airports of Bologna, Milan Linate, Treviso and Venice, according to a Notice to Airmen, or Notam advisories

Jet fuel prices, the single largest cost component for airlines, have surged sharply since February and are now forcing airlines globally to raise fares and activate emergency cost controls

SpiceJet Chairman and Managing Director Ajay Singh on Wednesday said the government's decision to allow only a partial increase in jet fuel prices would be a significant relief for the country's aviation industry at a time of unprecedented global uncertainty. PSU oil marketing companies, under the Ministry of Petroleum, in consultation with the Ministry of Civil Aviation, decided to implement only a partial and staggered increase of 25 per cent or Rs 15/litre for domestic airlines, Civil Aviation Minister K Rammohan Naidu said in a post on X. Airlines are already incurring higher operational costs due to the airspace restrictions in the West Asia region amid the conflict. The situation is forcing carriers to take longer routes for international flights, resulting in increased fuel burn. "The government's decision to allow only a partial increase in Aviation Turbine Fuel prices comes as a significant relief for the Indian aviation industry at a time of unprecedented global ...

Prices of aviation turbine fuel (ATF), or jet fuel, were more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, driven by the the surge in global oil prices linked to the widening West Asia conflict. This is the first time ATF prices have crossed the Rs 2 lakh per kilolitre (kl)-mark. ATF prices in Delhi were hiked to Rs 207,341.22 per kl, from Rs 96,638.14 per kl. On March 1, prices of jet fuel were hiked by 5.7 per cent (Rs 5,244.75 per kl).

Carriers ranging from United Airlines to Air New Zealand and Scandinavia's ‌SAS have announced capacity cuts and fare hikes, while others have imposed fuel surcharges

The Bihar Cabinet on Tuesday approved the proposal for reduction of value-added tax (VAT) on aviation turbine fuel (ATF) from 29 per cent to 4 per cent. The state Cabinet meeting, chaired by Chief Minister Nitish Kumar, approved the proposal of the Commercial Tax department to reduce VAT on ATF to attract more commercial flights. Bihar DyCM Samrat Choudhary in a statement issued after the cabinet meeting said, "The Cabinet approved the reduction of VAT on ATF from 29 per cent to 4 per cent under the Regional Connectivity Scheme (RCS). With this decision of the government, the air ticket prices will further reduce and it will also attract more commercial fights in the state.it will further enhance state's revenue and will also generate employment.". Earlier, 4 per cent VAT on ATF was applicable at Gaya airport only, Choudhary who also holds the Finance portfolio said, adding now the reduced rate will be applicable at all airports in the state. "This was also done with the objective

The surge in imports comes at the start of the American summer travel season, potentially impacting travel costs and highlighting the vulnerabilities of US West Coast supply

The price of commercial LPG used in hotels and restaurants was lowered by ₹14.50 per cylinder today

Indian aviation fuel arriving in hubs including Singapore, Hong Kong and Malaysia will probably hit around 2.7 million barrels in November, up at least 40% from October

Jet fuel, or ATF, price on Friday was hiked by 3.3 per cent and rate of commercial LPG used in hotels and restaurants increased by Rs 62 per 19-kg cylinder in the monthly revision done in line with international oil price trends. The aviation turbine fuel (ATF) price was increased by Rs 2,941.5 per kilolitre, or 3.3 per cent, to Rs 90,538.72 per kl in the national capital, according to state-owned fuel retailers. The hike comes after two rounds of reduction that had taken the rates to their lowest this year. ATF price on October 1 was cut by 6.3 per cent (Rs 5,883 per kl) and by Rs 4,495.5 per kl, or 4.58 per cent on September 1. The ATF rate in Mumbai was increased to Rs 84,642.91 per kl on Friday from Rs 81,866.13 previously. Oil firms also increased the price of commercial LPG by Rs 62 to Rs 1,802 per 19-kg cylinder. This is the fourth straight monthly hike in commercial LPG prices. Prices were hiked by Rs 48.5 to Rs 1,740 on October 1. Prior to that rates were increased by Rs

Petrol, diesel pump prices may be reduced by OMCs if global crude oil prices remain low

Jet fuel, or ATF price, on Thursday was hiked 2 per cent and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked Rs 1,827.34 per kilolitre, or 1.9 per cent, to Rs 97,975.72 per kl in the national capital, according to a price notification of state-owned fuel retailers. This is second straight monthly increase in jet fuel rates. ATF prices were on July 1 hiked by 1.2 per cent (Rs 1,179.37 per kl). That increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 91,650.34 per kl on Thursday from Rs 89,908.31 previously. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms increased the price of commercial LPG by Rs 6.5 to Rs 1,652.50 per 19-kg cylinder. The increase follows four monthly price reductions, the last on

Jump in middle distillates exports from swing supplier India to the Asia Pacific will likely cap prices and refiners' margins in the region

Jet fuel or ATF price on Monday was hiked by 1.2 per cent while that of commercial LPG used by hotels and restaurants cut by Rs 30 per 19-kg cylinder in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked by Rs 1,179.37 per kilolitre, or 1.2 per cent, to Rs 96,148.38 per kl in the national capital, according to a price notification of state-owned fuel retailers. The increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 89,908.30 per kl from Rs 88,834.27. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms cut the price of commercial LPG by Rs 30 to Rs 1,646 per 19-kg cylinder. This is the fourth straight monthly reduction in rates. The price was last cut by Rs 69 per cylinder on June 1. Prior to that, rates were on May 1 reduced by Rs 19 per cylinder, and by Rs 30.5 on April 1. Rate of cooking gas used in domestic househol

China's kerosene output rose 32.7 per cent year-on-year in January-April, the most recent data available

Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices. Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers. The reduction follows a marginal 0.7 per cent (Rs 749.25 per kl) increase on May 1. The ATF rate in Mumbai was slashed to Rs 88,834.27 per kl from Rs 95,173.70. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms also cut the price of commercial LPG by Rs 69 to Rs 1,676 per 19-kg cylinder. This is the third straight monthly reduction in rates. The price was on May 1 reduced by Rs 19 per cylinder and by Rs 30.5 on April 1. Rate of cooking gas used in domestic households, however, remained unchanged at Rs 803 per 14.2-kg cylinder. April 1 saw th

The Petroleum and natural gas ministry's data indicated that between FY14 and FY24, annual petrol consumption skyrocketed by 117 per cent, diesel by 31 per cent, aviation turbine fuel by 50 per cent,

Jet fuel prices reduced, however, domestic LPG cylinder prices remain unchanged

More airlines are embracing SAF, which has triggered a spurt in production, but its high cost remains a challenge

Jet fuel or ATF price on Monday was cut by 4 per cent, the third straight monthly reduction, and commercial cooking gas (LPG) rates were marginally lowered by Rs 1.50 per 19-kg cylinder in line with international benchmarks. However, the price of domestic LPG -- used in household kitchens for cooking purposes -- remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was cut by Rs 4,162.5, or 3.9 per cent, in the national capital to Rs 101,993.17 per kl, according to price notifications of state-owned fuel retailers. This is the third straight monthly reduction in jet fuel prices. ATF price was cut by almost 6 per cent (Rs 6,854.25 per kl) in November and by Rs 5,189.25, or 4.6 per cent, in December. The three rounds of reduction have wiped away almost 45 per cent of the Rs 29,391.08 per kl increase in rates effected in four monthly tranches starting July 1. The reduction in the price of jet fuel, which makes up for 40 per cent of an airline's operatin