lpg, atf prices
New Delhi, April 2 -- State-run oil companies on Wednesday more than doubled aviation turbine fuel prices and raised commercial LPG by 10.4%, before the government stepped in to limit the ATF increase to 8.6% for scheduled domestic airlines - which the government said shields passengers from an immediate fare shock while leaving open the possibility of further hikes.
ATF prices are revised monthly by state-run oil marketing companies against international benchmarks. Accordingly, they initially raised ATF 114.55%, from Rs.96,638 per kilolitre to Rs.2,07,341 per KL in Delhi, tracking the surge in global energy costs following the near-closure of the Strait of Hormuz.
OMCs also raised commercial LPG prices by Rs.195.50 to Rs.2,078.50 per 19-k...
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