Premium Fuels Rise Sharply With XP100 At ₹160/Litre, Regular Petrol & Diesel Prices Remain Steady Despite Global Oil Volatility
Premium fuels like XP100 petrol and Xtra Green diesel have become costlier, while regular petrol and diesel prices remain unchanged across cities. The rise comes amid global crude oil volatility due to West Asia tensions, even as oil companies maintain price stability for common consumers.
Premium fuels see price hike. |
New Delhi: State-run Indian Oil Corporation (IOC) has increased the prices of premium fuels in New Delhi. XP100 petrol now costs Rs 160 per litre, up from Rs 149 earlier. This high-octane fuel is mainly used in luxury cars and high-performance bikes to improve engine performance.
Premium diesel, known as Xtra Green diesel, has also become costlier. Its price has been raised to Rs 92.99 per litre from Rs 91.49 earlier.
Regular fuel prices remain unchanged
Despite the increase in premium fuel prices, regular petrol and diesel rates have remained steady across major cities.
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In Delhi, petrol continues to be sold at Rs 94.72 per litre, while diesel remains at Rs 87.62 per litre. In Mumbai, petrol is priced at Rs 103.44 per litre and diesel at Rs 89.97 per litre.
Oil companies have kept these prices stable to avoid burdening common consumers, even as global oil prices fluctuate.
Other fuel prices also rise
Apart from premium fuels, other petroleum products have also seen sharp increases.
Commercial LPG cylinder prices have been hiked by Rs 195.50. Aviation turbine fuel (ATF), used by airlines, has also become significantly costlier, crossing Rs 2 lakh per kilolitre.
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These increases are expected to impact sectors like hospitality and aviation.
Global tensions drive crude oil prices
Crude oil prices have risen globally due to tensions in West Asia. Concerns over supply disruptions, especially around the Strait of Hormuz, have added to market uncertainty.
The United States has hinted at a possible easing of tensions, with President Donald Trump suggesting that military actions against Iran could stop within weeks. However, Iran has warned of possible retaliation, keeping the situation uncertain.
India maintains price stability
Even with global volatility, India has managed to keep regular petrol and diesel prices stable. This reflects a cautious approach by oil marketing companies to balance rising costs while protecting everyday consumers.
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