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Premium petrol prices rise as crude oil rates increase

The New Indian Express Chennai

|

March 21, 2026

THE ongoing conflict in West Asia has begun to impact India’s fuel market, with oil marketing companies raising the price of premium petrol by up to $2.35 per litre with immediate effect from Friday.

- RAKESH KUMAR @New Delhi

Premium petrol prices rise as crude oil rates increase

This marks the second price increase ina short span, following a 60 hike in domestic LPG cylinder prices earlier in March 2026. The latest revision applies only to high-end fuel variants such as BPCL’s Speed, HPCL’s Power fuel, and Indian Oil’s XP95, while regular petrol prices remain unchanged for now.

Indian Oil Corporation clarified in a social media post that it has ensured no increase in regular automotive fuel prices despite rising international crude costs.

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