The price of aviation turbine fuel (ATF), also called jet fuel, was cut by 7.3% on Thursday, January 1, 2026. In Delhi, ATF price fell by ₹7,353.75 per kilolitre to ₹92,323.02 per kl, announced by state-owned fuel retailers. This drop follows three months of price hikes, with the last raise being ₹5,133.75 (5.4%) on December 1. Earlier increases were 1% in November and 3.3% in October. The current cut cancels out more than two-thirds of the price rise since October 1. The reduction is expected to ease costs for airlines, where fuel makes up nearly 40% of operating expenses. No immediate comments came from airlines. In other metros, ATF costs are ₹86,352.19 per kl in Mumbai, ₹95,770 in Chennai, and ₹95,378.02 in Kolkata. Prices vary due to local taxes. On the flip side, the price of a 19-kg commercial LPG cylinder, used by hotels and restaurants, jumped by ₹111 to ₹1,691.50 in Delhi. This sharp rise follows two months of price cuts: ₹15.50 reduction on December 1 and ₹5 earlier. Commercial LPG prices now stand at their highest since June last year. Domestic LPG prices for household cooking stayed steady at ₹853 per 14.2-kg cylinder. This follows a ₹50 hike in April 2025. Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum update ATF and LPG prices monthly based on global fuel rates and exchange rates. While oil prices have eased over the past month, winter heating needs have pushed global LPG prices up. Petrol and diesel prices remain unchanged since a ₹2 per litre cut in March last year. In Delhi, petrol costs ₹94.72 per litre and diesel ₹87.62.