oil trading companies to witness action - koolfriend4u
State-run oil marketing companies on 15 August 2009, hiked jet fuel prices by 4.5% in step with firming international oil rates, the second time in a month. Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation raised Aviation Turbine Fuel (ATF) rates in Delhi by Rs 1,662 per kilolitre (kl) to Rs 38,585 per kl. The hike in ATF or jet fuel prices comes on the back of Rs 585 per kl or 1.6% hike on 1 August 2009.