Aviation Parts Rally In Oil Prices Fall

SpiceJet (up 5.33%), Jet Airways (India) (up 3.72%) and Kingfisher Airlines (up 2.78%), increased NRI Share Trading Account .

The BSE Sensex up 183.93 points, or 1.04% to 17,911.42

Fuel, whose prices are linked to crude oil, representing about half of the costs of operating passenger aircraft, and calculates the price of crude oil is a good sign for the airlines.

Oil prices plunged in New York Thursday, June 23, 2011, after the U.S. and other members of the International Atomic Energy unexpectedly said they would release 60 million barrels of oil on world markets of energy to offset the loss of production in Libya PAN Card for NRI.

Light, sweet crude sulfur content for August delivery on the New York Mercantile Exchange settled $ 4.39, or 4.6%, to $ 91.02 a barrel Thursday, June 23, 2011, after falling as low as 89.69 a barrel, its lowest level since February 22, 2011 NRI Demat Account.

Public enterprises Petroleum Marketing Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation to revise the price of oil at first and 16th of each month, based on average international prices within two weeks NRI Online Trading account.


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