jet fuel
IOC sees growth in Indian fuel demand above 4 per cent in 2019
Gasoline and jet fuel demand are expected to rise by 7-8 pc this year, while diesel consumption could increase by 3 pc.
Asian jet fuel profit margins hit over eight-month low on weak demand
Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.
ATF price hiked by 8.1 pc, still costs less than petrol, diesel
The price of ATF was hiked by Rs 4,734.15 per kilolitre, or 8.15 per cent, to Rs 62,795.12 per kl in Delhi.
ATF price cut by 14.7 per cent; costs less than petrol, diesel
ATF costs just a shade higher than the price charged for kerosene sold through non-PDS outlets in Delhi.
Excise duty on aviation turbine fuel lowered to 11 per cent
Jet fuel was priced at Rs 47,013 per kl in July last year and has risen by 58.6 per cent since then.
Airfares to shoot up this festive season on surging jet fuel prices
The government, last week, hiked import duty on aviation turbine fuel to 5 per cent.
Import duty on ATF not to make big impact on airlines
Industry sources said the low-cost private carrier’s total import accounts for 10-12 per cent of its fuel bill.
Airline stocks fall up to 5 pc on hike in import duty of jet fuel
Shares of Jet Airways tumbled 4.82 per cent, SpiceJet 1.95 per cent and InterGlobe Aviation 1.27 per cent on BSE.
GST Council may bring natural gas, jet fuel under GST this week
However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.
Reliance vs PSUs: Battle for pipelines to supply jet fuel in Mumbai hots up
Reliance, which produces a fourth of India's aviation turbine fuel, wants access to the pipelines.