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Indian Oil Reduces Mumbai Jet Fuel Price Starting Jan. 1

By Natalie Obiko Pearson - Dec 31, 2011

Indian Oil Corp., the nation’s largest refiner, will reduce the price of jet fuel by 1 percent from tomorrow.

The price of jet fuel in Mumbai will be cut by 676 rupees ($12.73) to 64,054 rupees a kiloliter, according to a statement on the company’s website.

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net

To contact the editor responsible for this story: Paul Tighe at ptighe@bloomberg.net

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