Jet Fuel

Asia's jet fuel imports from India to hit multi-yr high in Nov, shows data

Indian aviation fuel arriving in hubs including Singapore, Hong Kong and Malaysia will probably hit around 2.7 million barrels in November, up at least 40% from October

Jet fuel price hiked 3.3%, commercial LPG rises Rs 62 per cylinder

Jet fuel, or ATF, price on Friday was hiked by 3.3 per cent and rate of commercial LPG used in hotels and restaurants increased by Rs 62 per 19-kg cylinder in the monthly revision done in line with international oil price trends. The aviation turbine fuel (ATF) price was increased by Rs 2,941.5 per kilolitre, or 3.3 per cent, to Rs 90,538.72 per kl in the national capital, according to state-owned fuel retailers. The hike comes after two rounds of reduction that had taken the rates to their lowest this year. ATF price on October 1 was cut by 6.3 per cent (Rs 5,883 per kl) and by Rs 4,495.5 per kl, or 4.58 per cent on September 1. The ATF rate in Mumbai was increased to Rs 84,642.91 per kl on Friday from Rs 81,866.13 previously. Oil firms also increased the price of commercial LPG by Rs 62 to Rs 1,802 per 19-kg cylinder. This is the fourth straight monthly hike in commercial LPG prices. Prices were hiked by Rs 48.5 to Rs 1,740 on October 1. Prior to that rates were increased by Rs

Engaged with FinMin over review of windfall tax: Petroleum Secretary

Petrol, diesel pump prices may be reduced by OMCs if global crude oil prices remain low

Commercial LPG rate up by Rs 6.5 per cylinder, jet fuel price hiked 2%

Jet fuel, or ATF price, on Thursday was hiked 2 per cent and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked Rs 1,827.34 per kilolitre, or 1.9 per cent, to Rs 97,975.72 per kl in the national capital, according to a price notification of state-owned fuel retailers. This is second straight monthly increase in jet fuel rates. ATF prices were on July 1 hiked by 1.2 per cent (Rs 1,179.37 per kl). That increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 91,650.34 per kl on Thursday from Rs 89,908.31 previously. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms increased the price of commercial LPG by Rs 6.5 to Rs 1,652.50 per 19-kg cylinder. The increase follows four monthly price reductions, the last on

India's July diesel, ATF exports to S'pore, Australia to hit 2.5-yr high

Jump in middle distillates exports from swing supplier India to the Asia Pacific will likely cap prices and refiners' margins in the region

Govt hikes jet fuel price by 1.2%, reduces commercial LPG by Rs 30

Jet fuel or ATF price on Monday was hiked by 1.2 per cent while that of commercial LPG used by hotels and restaurants cut by Rs 30 per 19-kg cylinder in line with international oil price trends. Aviation turbine fuel (ATF) price was hiked by Rs 1,179.37 per kilolitre, or 1.2 per cent, to Rs 96,148.38 per kl in the national capital, according to a price notification of state-owned fuel retailers. The increase followed a steep 6.5 per cent (Rs 6,673.87 per kl) reduction effected on June 1. The ATF rate in Mumbai was increased to Rs 89,908.30 per kl from Rs 88,834.27. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms cut the price of commercial LPG by Rs 30 to Rs 1,646 per 19-kg cylinder. This is the fourth straight monthly reduction in rates. The price was last cut by Rs 69 per cylinder on June 1. Prior to that, rates were on May 1 reduced by Rs 19 per cylinder, and by Rs 30.5 on April 1. Rate of cooking gas used in domestic househol

China's jet fuel exports up 68.1% on year in May on rising travel demand

China's kerosene output rose 32.7 per cent year-on-year in January-April, the most recent data available

ATF price reduced significantly by 6.5%, commercial LPG down by Rs 69

Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices. Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers. The reduction follows a marginal 0.7 per cent (Rs 749.25 per kl) increase on May 1. The ATF rate in Mumbai was slashed to Rs 88,834.27 per kl from Rs 95,173.70. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms also cut the price of commercial LPG by Rs 69 to Rs 1,676 per 19-kg cylinder. This is the third straight monthly reduction in rates. The price was on May 1 reduced by Rs 19 per cylinder and by Rs 30.5 on April 1. Rate of cooking gas used in domestic households, however, remained unchanged at Rs 803 per 14.2-kg cylinder. April 1 saw th

Climate concerns take a backseat as India's petrol use doubles in a decade

The Petroleum and natural gas ministry's data indicated that between FY14 and FY24, annual petrol consumption skyrocketed by 117 per cent, diesel by 31 per cent, aviation turbine fuel by 50 per cent,

LPG commercial, 5 kg FTL cylinder prices cut ahead of Lok Sabha polls 2024

Jet fuel prices reduced, however, domestic LPG cylinder prices remain unchanged

The greening of flights

More airlines are embracing SAF, which has triggered a spurt in production, but its high cost remains a challenge

ATF price cut by 4%; commercial LPG rate down Rs 1.5 per cylinder

Jet fuel or ATF price on Monday was cut by 4 per cent, the third straight monthly reduction, and commercial cooking gas (LPG) rates were marginally lowered by Rs 1.50 per 19-kg cylinder in line with international benchmarks. However, the price of domestic LPG -- used in household kitchens for cooking purposes -- remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was cut by Rs 4,162.5, or 3.9 per cent, in the national capital to Rs 101,993.17 per kl, according to price notifications of state-owned fuel retailers. This is the third straight monthly reduction in jet fuel prices. ATF price was cut by almost 6 per cent (Rs 6,854.25 per kl) in November and by Rs 5,189.25, or 4.6 per cent, in December. The three rounds of reduction have wiped away almost 45 per cent of the Rs 29,391.08 per kl increase in rates effected in four monthly tranches starting July 1. The reduction in the price of jet fuel, which makes up for 40 per cent of an airline's operatin

ATF price cut by 4.6%; commercial LPG rate hiked by Rs 21 per cylinder

Jet fuel or ATF price was on Friday slashed by 4.6 per cent - the second reduction in one month - while commercial cooking gas (LPG) rate was raised by Rs 21 per 19-kg cylinder in line with international benchmarks. However, price of domestic LPG - used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was reduced to Rs 1,06,155.67 per kilolitre in the national capital from Rs 1,11,344.92 per kl, according to a price notification of state-owned fuel retailers. Alongside, price of commercial LPG used by establishments such as hotels and restaurants, was increased to Rs 1,796.50 per 19-kg cylinder from Rs 1,775.50.

Development of sustainable jet fuels must to decarbonise economy: Murmu

The development of sustainable jet fuels is a much-needed step to decarbonise the economy and there is also the need to rapidly adopt new propulsion technologies such as electric, hydrogen and hybrid at a large scale, President Droupadi Murmu said on Saturday. Speaking at a conference in the national capital, she also emphasised that the decarbonisation of aero-propulsion is an onerous task "we will have to undertake because climate change and global warming are threatening the very existence of humans". According to her, the development of sustainable jet fuels is one of the much-needed steps to decarbonise the economy but it is hardest to achieve because traditional fuels are of very high density. "Finding non-fossil sustainable resources which could replace these traditional fuels should be the priority objective because we are approaching a climate tipping point. To reduce our carbon footprint, we need to rapidly adopt new propulsion technologies at a large scale, such as ...

Pakistan airlines cancels flights over non-payment of dues to fuel supplier

Airline cancelled 26 flights from Karachi, Lahore, Islamabad, Quetta, Bahawalpur, Multan, Gwadar, and other cities in Pakistan

ATF price increases by 5% in 4th straight hike, commercial LPG up by Rs 209

Jet fuel or ATF price on Sunday was hiked by 5 per cent -- the fourth straight monthly increase since July, and commercial cooking gas (LPG) rates were raised by a steep Rs 209 per 19-kg cylinder, in line with the firming up seen in international benchmarks. However, the price of domestic LPG - the one used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder. Aviation turbine fuel (ATF) price was increased by Rs 5,779.84 per kilolitre, or 5.1 per cent, in the national capital to Rs 118,199.17 per kl from Rs 112,419.33, according to a price notification of state-owned fuel retailers. The increase comes on back of the steepest-ever 14.1 per cent increase (Rs 13,911.07 per kl) effected on September 1, and a 8.5 per cent or Rs 7,728.38 per kl increase on August 1. The fourth straight increase in prices of jet fuel, which makes up for 40 per cent of an airline's operating cost, will increase the burden on already financially strained airlines.

Weight loss drugs like Ozempic, Wegovy would reduce airlines' costs

There could be a more than $100 billion global market for such medicines, with sales climbing quickly through the end of the decade

70% of jet fuels at airports will have to be green by 2050, says EU

In addition, a specific proportion of the fuel mix (1.2 pc in 2030, 2 pc in 2032, 5 pc in 2035 and progressively reaching 35 pc in 2050) must comprise synthetic fuels like e-kerosene

China's travel rebound risks supercharging of jet fuel prices: Report

China's return is thought to be the final missing piece in the global air travel recovery.

American Airlines raises 2023 profit forecast on strong travel demand

Boosting profits, jet fuel costs in North America are down about 30% from a year ago, but there are signs flight fares might be cooling off