Overview
Oil marketing companies have implemented a significant revision in fuel prices starting the New Year. While commercial LPG prices saw a steep hike, Aviation Turbine Fuel (ATF) prices were reduced to support the aviation industry.
Details
- Commercial LPG: Price hiked by ₹111 per cylinder
- Aviation Turbine Fuel (ATF): Prices slashed by 7.3%
- Aviation Sector Boost: Lower fuel costs expected to improve airline margins
- Commercial Impact: Increased costs for hotels, restaurants, and small industries using commercial LPG