Indian state-controlled refiner IOC has reduced jet fuel prices by 6pc effective from 1 April.
- IOC cut prices in Mumbai, capital New Delhi, Kolkata and Chennai by 6pc from a month earlier. Prices vary from state to state depending on local taxes.
- Asian jet fuel margins — or Singapore jet fuel swaps against Dubai crude values — averaged $13.04/bl in March, down from $15.23/bl in February.
- India's jet fuel consumption stood at 203,100 b/d in March, up by 5pc on the year, provisional data from the oil ministry show.
Jet fuel prices in India | Rupees/kl | ||
City | Apr-25 | Mar-25 | m-o-m % |
Delhi | 89,441.18 | 95,311.72 | -6 |
Kolkata | 91,921.00 | 97,588.66 | -6 |
Mumbai | 83,575.42 | 89,070.03 | -6 |
Chennai | 92,503.80 | 98,567.90 | -6 |
Source: IOC |