ATF prices hiked 9 pc

State-owned oil firms on Saturday hiked jet fuel prices by nine per cent to over Rs 39,000 per kilolitre following a spurt in international oil rates.

Aviation Turbine Fuel prices will be increased by an average of Rs 3,400 per kilolitre effective midnight tonight,an official of the Indian Oil Corp IOC,the nations largest oil firm,said.

IOC,Bharat Petroleum and Hindustan Petroleum had for three consecutive fortnights reduced ATF rates. In three cuts,jet fuel prices in Delhi had come down to Rs 36,188.27 per kl from

Rs 39,188 at the beginning of September.