Commercial LPG Cylinder Now Gets Costlier By Rs 102.5; Jet Fuel Up 3.22%

The worth of a 19-kg business LPG cylinder has been hiked by Rs 102.5 to Rs 2,355.50, in contrast with Rs 2,253 earlier. A five-kg LPG cylinder is now priced at Rs 655. Apart from this, jet gasoline costs on Sunday had been additionally hiked by 3.22 per cent — the ninth straight improve this 12 months — to an all-time excessive of Rs 1,16,851.46 per kilolitre .

However, the value of a 14.2-kg home LPG cylinder stayed unchanged on May 1. Cooking fuel cylinder costs had been elevated for the primary time in March 2022 since October 2021. Prices had been on a freeze since then regardless of the price of uncooked materials spiraling.

In Delhi, the 19-kg business cylinder now prices 2,355.50 as in contrast with Rs 2,253 per cylinder. In Mumbai, the value of business LPG was hiked to Rs 2,307 from Rs 2,205 per cylinder. In Kolkata, the cylinder might be offered at Rs 2,455, as an alternative of Rs 2,351 earlier. In Chennai, the value has been elevated to Rs 2,508, in contrast with Rs 2,406 earlier.

Petrol and diesel costs on Sunday remained unchanged for the twenty fifth consecutive day. The worth of petrol stood at Rs 105.41 per liter in Delhi and Rs 120.51 per liter in Mumbai, whereas that of diesel was at Rs 96.67 per liter in Delhi and Rs 104.77 per liter in Mumbai, in response to a notification from oil advertising and marketing firms (OMCs) ).

ATF Prices Hiked

Meanwhile, the value of aviation turbine gasoline (ATF), the gasoline that helps airplanes fly, was on Sunday hiked by Rs 3,649.13 per kilolitre, or 3.22 per cent, to Rs 1,16,851.46 per kilolitre (Rs 116.8 per litre) within the nationwide capital, in response to a worth notification of state-owned gasoline retailers. In Mumbai, the jet gasoline now prices Rs 1,15,617.24 per kl. It is priced at Rs 1,21,430.48 in Kolkata and Rs 1,20,728.03 in Chennai.

The costs differ from state to state, relying on the incidence of native taxation. Jet gasoline costs are revised on the first and sixteenth of each month based mostly on crude oil charges within the worldwide market. Fuel charges in India have elevated as a result of power costs globally have risen because of provide disruptions amid the Russia-Ukraine battle.

The improve in ATF worth comes on the again of the steepest ever hike of 18.3 per cent (Rs 17,135.63 per kilolitre) effected on March 16 and a 2 per cent (Rs 2,258.54 per kilolitre) improve on April 1. Prices had been elevated by a marginal 0.2 per cent on April 16.

India is 85 per cent depending on imports to satisfy its oil wants. Jet gasoline, which makes up for nearly 40 per cent of the operating value of an airline, has this 12 months surged to new highs. The costs of aviation turbine gasoline have elevated each fortnight for the reason that begin of 2022. In the 9 hikes starting January 1, aviation turbine gasoline costs have been elevated by Rs 42,829.55 per kl (Rs 42.8 per litre) or over 50 per cent.

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