New Delhi: Oil marketing companies have hiked the premium prices of petrol in India effective from today amid rising global crude prices triggered by escalating tensions in West Asia. Premium petrol has become costlier by up to Rs 2.35 from March 20, 2026.
Prices of BPCL’s Speed, HPCL’s Power, and IOCL’s XP95 increased by Rs 2.09–Rs 2.35 per litre. However, there is no change in the price of regular petrol at present.
Premium fuel category, accounts for only 3-4 percent of total petrol sales.
Brent crude futures fell as much as 3.39 per cent to an intra-day low of $104.96 per barrel, while US WTI crude futures traded 3.22 per cent lower at $92.47, hitting an intra-day low.
Despite the recent decline, crude prices have surged sharply amid geopolitical tensions. As the West Asia conflict entered its 21st day, Brent crude rose nearly 40 per cent, from $77.74 on March 2 to $108.65 on March 19.
