Non-subsidised cooking gas costs Rs 53 less; ATF price cut by steep 10%

The rates of non-subsidised cooking gas (LPG) were cut by Rs 53, wiping away a third of the record Rs 144.50 per cylinder price hike effected last month. Jet fuel (ATF) prices were also slashed by a steep 10 per cent

New Delhi: The rates of non-subsidised cooking gas (LPG) were on Monday cut by Rs 53, wiping away a third of the record Rs 144.50 per cylinder price hike effected last month, according to a price notification issued by state-owned oil firms.

Simultaneously, Jet fuel (ATF) prices were also slashed by a steep 10 per cent, the second straight reduction in rates in as many months, as international oil prices slumped on fears of the spread of coronavirus.

Aviation turbine fuel (ATF) price was cut by Rs 6,590.62 per kilolitre (kl), or 10.3 per cent, to Rs 56,859.01 per kl in Delhi.

This is the second straight cut in ATF rates. Prices were cut by Rs 874.13 per kl with effect from February 1.