Premium fuel prices in India have risen again, with oil companies increasing the cost of premium diesel by around Rs 1.50 per litre from midnight on Monday. The move follows a recent hike in premium petrol rates and reflects ongoing volatility in global crude oil prices and currency fluctuations. The latest revision is expected to impact consumers, particularly those dependent on fuel-intensive sectors, as costs continue to edge upwards amid uncertain international market conditions and sustained pressure on energy supplies.
Diesel Prices Raised
State-run oil companies have confirmed that premium diesel prices have been increased by approximately Rs 1.50 per litre with immediate effect. The decision comes in response to fluctuations in international crude oil prices and changes in the rupee’s exchange rate.
In Delhi, premium diesel is now priced at roughly Rs 95-96 per litre.While premium fuels are marketed as offering better mileage and improved engine performance compared to standard variants, rising prices could discourage widespread use.
Premium Fuel Rates Revised
According to the latest update, Indian Oil Corporation Limited has also raised the price of its high-octane petrol variant. XP100 petrol, known for its 100-octane rating, has increased from around Rs 149 per litre to Rs 160 per litre.
Similarly, the price of Extra Green premium diesel has gone up from Rs 91.49 per litre to Rs 92.99 per litre. These changes have been implemented immediately across markets.
Impact On Consumers
The increase is likely to place additional financial strain on sectors such as transport, logistics and agriculture, where diesel remains a key input cost. Higher fuel prices often translate into increased operational expenses, which may eventually be passed on to consumers.
This is not the first such hike in recent weeks. On March 20, oil companies had already raised premium petrol prices by Rs 2 to Rs 2.35 per litre. However, there has been no change in the pricing of regular petrol so far.
Experts note that continued global uncertainty may keep fuel prices volatile in the near term.
