How have fuel prices changed recently in India
While Aviation Turbine Fuel (ATF) prices have been reduced by 4.6%, commercial LPG prices have increased by ₹39 per cylinder.
- Aviation Turbine Fuel (ATF) prices in India have decreased by 4.6% recently. This reduction is expected to benefit the aviation sector and lead to lower operational costs for airlines.
- On the other hand, commercial LPG prices have increased by ₹39 per cylinder. This price hike may impact businesses and industries that rely on commercial LPG for their operations.
- Fluctuations in fuel prices can have a significant impact on various sectors of the economy, influencing transportation costs, production expenses, and consumer prices.
- Changes in fuel prices are often influenced by global market trends, currency fluctuations, government policies, and supply-demand dynamics within the country.
Answered
8 months ago