Indian Oil raises jet fuel prices by 2.9% from today

Indian Oil raises jet fuel prices by 2.9% from today
Shares of aviation companies tumbled after the announcement. Image Source: Pixabay
Written By: ZeeBiz WebTeam
Updated: Wed, Feb 01, 2017
09:52 am
Mumbai, ZeeBiz WebDesk
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Indian Oil on Wednesday announced a 2.9% hike in jet fuel prices in Delhi to Rs 54,079.63 per kilo litre.

The company said the hike in price would be effective from today onwards.

Shares of aviation companies tumbled after the announcement.

IndiGo shares plummeted 5.65%, while Jet Airways and Spicejet fell 2.69% and 1.54% respectively on BSE Sensex at 0945 hours.

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