ATF price hiked 6.7%; petrol, diesel price increase may be on the anvil

Jet fuel price on Saturday was hiked by steep 6.7 per cent, reversing price cuts of last month, while an increase in petrol and diesel prices may be on the anvil as international prices firmed up.

Aviation turbine fuel (ATF) price was increased by Rs 3,885 per kilolitre (kl), or 6.7 per cent, to Rs 61,690.28 per kl in the national capital, according to a price notification of state-owned fuel retailers.

Rates vary from state to state depending on incidence of local taxes.

The increase in price comes after two rounds of reduction last month. Prices were cut by 3