ATF price slashed by 9.5%

In what will come as a huge boost for the country's aviation carriers, Indian Oil Corporation today said it had cut aviation turbine fuel (ATF) price by a massive 9.5 percent, or Rs 4,860, to Rs 46,407/kiloLitre in Delhi, effective today. With the latest price cut, jet fuel prices have fallen about 40 percent from a peak of around Rs 80,000 last year, thanks to the meltdown in international crude oil prices.
Read news in full01/08/15 moneycontro
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