{"id":21575,"date":"2022-06-17T15:00:00","date_gmt":"2022-06-17T09:30:00","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=21575"},"modified":"2022-07-25T12:24:13","modified_gmt":"2022-07-25T06:54:13","slug":"atf-prices-hiked-by-16-makes-new-record","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/06\/17\/atf-prices-hiked-by-16-makes-new-record\/","title":{"rendered":"ATF prices hiked by 16%; makes new record"},"content":{"rendered":"\n

ATF prices were raised<\/strong> by the largest 16 percent increase in history on Thursday, catapulting rates to an all-time high in tandem<\/strong> with rising international oil costs. <\/p>\n\n\n\n

According to a price statement from state-owned fuel dealers, the price of aviation turbine fuel (ATF), which lets planes fly, has increased by Rs 19,757.13 per kilolitre, or 16.26%, to Rs 1,41,232.87 per kl <\/strong>(Rs 141.2 per litre) in the national capital.<\/pre>\n\n\n\n
\"ATF
credits to business standard <\/figcaption><\/figure>\n\n\n\n
The increase, which follows a 1.3 percent (Rs 1,563.97 per litre) rate drop earlier this month, pushes jet fuel prices to new highs across the country. <\/p>\n\n\n\n
The increase corresponds to rising international oil prices. Brent, the world’s most popular crude oil <\/strong>benchmark, hit a new high of USD 119.16 a barrel on Thursday, the highest in in a decade. <\/p>\n\n\n\n
Petrol and diesel prices <\/strong>are updated on a daily basis, depending on foreign market equivalents. <\/p>\n\n\n\n
\"\"
Image courtesy – ET<\/figcaption><\/figure>\n\n\n\n
Fuel prices have risen in India as a result of rising global energy prices due to supply concerns following Russia’s invasion of Ukraine and resurgent demand <\/strong>following the pandemic. <\/p><\/blockquote>\n\n\n\n
India is 85% reliant on imports to meet its oil requirements. <\/p>\n\n\n\n
To make matters worse, the rupee has fallen against the US dollar, <\/em>increasing the cost of imports. <\/p>\n\n\n\n
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ATF prices were raised by the largest 16 percent increase in history on Thursday, catapulting rates to an all-time high in tandem<\/p>\n","protected":false},"author":2,"featured_media":21587,"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":[6761,1],"tags":[245,2030,3843,5914],"class_list":{"0":"post-21575","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-uncategorized","9":"tag-atf","10":"tag-aviation-a2z-news","11":"tag-aviation-turbine-fuel","12":"tag-hike-in-atf-prices"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/21575","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=21575"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/21575\/revisions"}],"predecessor-version":[{"id":21590,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/21575\/revisions\/21590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/21587"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=21575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=21575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=21575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}