US EditionIndia starts selective fuel price hikes as oil goes past $100, industrial diesel up ₹22 per litre, premium petrol ₹2
Industrial diesel prices rose sharply by Rs 22 per litre, affecting key sectors, while premium petrol increased by Rs 2 per litre amid global oil price volatility, officials said.
- On Friday, March 20, 2026, IndianOil and Hindustan Petroleum selectively raised prices, with IndianOil confirming XP-95 increased by 2 to 101.89 and industrial diesel by about 22 per litre.
- Amid the West Asia conflict that began on February 28, 2026, data shows India's crude oil basket averaged $117.09 per barrel this month, with Brent futures at $108.1 on Friday evening.
- Local examples illustrate the selective revisions: in Delhi, 95-octane petrol rose from Rs 99.8 to Rs 101.8 per litre while normal petrol stayed at Rs 94.7 and diesel remained Rs 87.6, with officials saying normal fuel prices did not increase.
- Industrial users face immediate cost pressure as industrial diesel supplied to factories, construction sites, mining operations and power plants raises input costs for manufacturing and logistics.
- Premium petrol accounts for about 2%-5% of sales, so the selective hike has minimal impact, while oil marketing companies have not cut retail prices in over two-and-a-half years amid deregulated pricing.
17 Articles
17 Articles
Price of premium petrol up ₹2 per litre, government says no impact on common man
Premium petrol only 5% of sales, says IndianOil; Congress slams government for increasing prices when people are “troubled by the gas shortage”; India’s crude oil basket is at $117.09 for every barrel this month
India starts selective fuel price hikes as oil goes past $100, industrial diesel up ₹22 per litre, premium petrol ₹2
State-run oil marketing companies have raised industrial diesel prices by around ₹22 per litre and premium petrol by about ₹2 per litre, according to industry sources. However, the prices of regular transport fuels and premium diesel have been kept unchanged.
Premium petrol price hiked by around ₹2 per litre from today
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