Hindustan Petroleum Corporation Limited has increased the price of its premium petrol by around Rs 2.35 per litre, citing the impact of ongoing geopolitical tensions in the Middle East on global fuel markets. The volatility in crude oil prices has prompted oil companies to revise rates of high-grade fuel variants.
The move is part of a broader revision across the country, with premium petrol prices hiked by up to 2.35 per litre from March 20, 2026. Premium fuels such as Speed petrol by Bharat Petroleum Corporation Limited, Power petrol by HPCL, and XP95 petrol by Indian Oil Corporation Limited have recorded price increases ranging between 2.09 and 2.35 per litre.
However, the price of regular petrol remains unchanged, offering relief to daily commuters. The selective hike suggests that while cost pressures are rising, oil companies have, for now, limited the impact to premium fuel variants.