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New Delhi : Many important changes are made in the country on the first of September. Today, the price of air fuel has been reduced by 4.6 percent. Also, let us tell you that the prices of commercial cylinders used in hotels and restaurants have increased. The prices of 19 kg commercial cylinders have seen an increase of Rs 39. It is being told that this step has been taken after the increase in oil prices in the global market.

According to public sector retail fuel companies, the price of aviation turbine fuel (ATF) in the national capital Delhi has been reduced by Rs 4,495.5 per kilolitre i.e. 4.58 percent. Fuel accounts for about 40 percent of the total operating cost of airline companies. In such a situation, the reduction in price will reduce the cost burden on these companies.

ATF prices reduced

Earlier, the price was increased twice. The price of aviation fuel was increased by 2 percent i.e. Rs 1,827.34 per kilolitre on August 1. Earlier, it was increased by 1.2 percent (Rs 1,179.37 per kilolitre). On June 1, the price of ATF was reduced by 6.5 percent (Rs 6,673.87 per kilolitre). After the reduction, the price of ATF in Mumbai has come down to Rs 87,432.78 per kilolitre, which was earlier Rs 91,650.34 per kilolitre. The price of ATF varies in different states due to local taxes.

commercial cylinder price

With this, oil companies have increased the price of commercial LPG by Rs 39. This has increased the price to Rs 1,691.50 per 19 kg cylinder. This is the second consecutive monthly increase. On August 1, prices were increased by Rs 6.5 per cylinder. Earlier, monthly prices were reduced four times.

commercial lpg price

The price of commercial LPG will now be Rs 1,644 per 19 kg cylinder in Mumbai. While in Kolkata it will be Rs 1,802.50 and in Chennai it will be Rs 1,855 per 19 kg cylinder. However, the rate of LPG used in homes remains at Rs 803 per 14.2 kg cylinder.

Revision in ATF and LPG prices

Public sector Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) revise ATF and LPG prices on the first of every month based on the average international fuel price and foreign exchange rate. Petrol and diesel prices have remained stable. The price was cut by Rs 2 per litre in mid-March. In Delhi, the price of petrol is Rs 94.72 per litre while diesel costs Rs 87.62 per litre.

(With agency input)