Indian Oil reduces jet fuel prices to lowest in 7 months1 min read . Updated: 03 Dec 2018, 08:31 AM IST
The fuel price in Delhi for domestic airlines was cut to Rs68,050.97 a kiloliter on 1 December, an 11% reduction from a month earlier
New Delhi: Indian Oil Corp., the country’s biggest fuel retailer, cut jet fuel prices for domestic and international carriers.
The price in Delhi for domestic airlines was cut to 68,050.97 rupees a kiloliter on 1 December, an 11% reduction from a month earlier, according to a statement by the state-run company. That is the lowest since 1 May, data from Indian Oil show. The rate reached a five-year high in November.
The following shows prices per kiloliter for domestic carriers in top cities, in rupees:
■November - 76,013.20
■November - 77,521.63