{"id":21082,"date":"2022-06-02T11:59:00","date_gmt":"2022-06-02T06:29:00","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=21082"},"modified":"2022-06-01T21:01:40","modified_gmt":"2022-06-01T15:31:40","slug":"aviation-turbine-fuel-prices-cut-by-1-3","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/06\/02\/aviation-turbine-fuel-prices-cut-by-1-3\/","title":{"rendered":"Aviation Turbine Fuel prices cut by 1.3%"},"content":{"rendered":"\n

For the first time this year, the Indian Oil Corporation Limited (IOCL) <\/strong>dropped the price of Aviation Turbine Fuel (ATF) by 1.3 percent to Rs.1.21 lakh\/kl on June 1. <\/p>\n\n\n\n

Since January, India's jet fuel prices have been pushed up by a global spike in fuel prices caused by the Russia-Ukraine war <\/strong>and increased demand as a result of a controlled number of Covid cases. <\/pre>\n\n\n\n
\"For
Image courtesy – the hbl<\/figcaption><\/figure>\n\n\n\n
The price of jet fuel was recently increased by 5% in the month of May. In March, there was a significant increase of 18.3%, followed by a 2% increase in April. <\/p>\n\n\n\n
India relies on imports for 85 percent of its oil needs. <\/p>\n\n\n\n
\"\"
credits to the hbl<\/figcaption><\/figure>\n\n\n\n
Due to rising fuel prices, jet fuel, which accounts for about 40%<\/strong> of an airline’s operating costs, has witnessed a significant increase this year. <\/p><\/blockquote>\n\n\n\n
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For the first time this year, the IOCL dropped the price of Aviation Turbine Fuel (ATF) by 1.3 percent to Rs.1.21 lakh\/kl on June 1. <\/p>\n","protected":false},"author":2,"featured_media":21084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[245,2030,3843,6121,6123,6122],"class_list":{"0":"post-21082","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized","8":"tag-atf","9":"tag-aviation-a2z-news","10":"tag-aviation-turbine-fuel","11":"tag-fuel-prices","12":"tag-indian-oil","13":"tag-iocl"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/21082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=21082"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/21082\/revisions"}],"predecessor-version":[{"id":21085,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/21082\/revisions\/21085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/21084"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=21082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=21082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=21082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}