Price of premium petrol up ₹2 per litre, government says no impact on common man
The Hindu
Premium petrol prices rise by ₹2 per litre, but government claims no impact on the common man amidst global oil tensions.
In what could be the first sign of cracks due to the fiscal stress brought on by skyrocketing global oil prices, Indian oil-marketing companies on Friday (March 20, 2026) increased the price of the premium variant of petrol and industrial diesel by approximately ₹2-3 and ₹22 per litre, respectively.
The government, however, assured that this is limited only to the premium variants and that the prices of the normal grades of petrol and diesel remain unchanged.
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In a social media post on Friday (March 20, 2026) evening, State-owned IndianOil confirmed the price of its premium petrol XP-95 which increased by ₹2 for every litre from ₹99.87 to ₹101.89. Hindustan Petroleum also announced a similar increase.
“IndianOil has ensured no increase in regular automotive fuel prices in India, even amid rising international costs,” the post said. “A limited revision applies only to premium petrol XP-95, with minimal impact on overall consumption.”
The refiner said that the premium variant of petrol accounts for about 5% of the overall petrol sales. Other than the car fuel, the price of industrial diesel was revised upwards from ₹87.67 to ₹109.59 per litre.
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