Fuel Shock Deepens: Premium Petrol Jumps ₹11, Diesel Also Gets Costlier

Oil companies raise premium fuel prices amid global volatility, increasing burden on transport and consumers across India

Oil companies increased premium diesel prices across the country, moreover they implemented this change from Monday midnight, additionally the hike reached around ₹1.50 per litre, therefore consumers will feel direct impact

Premium Petrol Prices Already Raised

Meanwhile, companies had earlier raised premium petrol prices, moreover this fresh increase in diesel follows that decision, additionally both fuel categories now cost more, therefore fuel expenses continue rising

Reasons Behind Price Increase

Furthermore, oil firms explained reasons behind the revision, moreover they considered global crude oil price fluctuations, additionally they also tracked rupee exchange rate movements, therefore changing global conditions influenced pricing decisions

Impact On Consumers And Sectors

Meanwhile, this increase will affect multiple sectors, moreover transport and logistics businesses will face higher costs, additionally agriculture-related activities will also bear extra burden, therefore operational expenses will rise

Additionally, in Delhi, premium diesel now costs around ₹95 to ₹96 per litre, moreover this reflects immediate impact of the revision, therefore urban consumers will notice higher spending

Premium Fuel Performance Versus Cost

However, premium diesel offers better mileage and improved engine performance, moreover users often prefer it for efficiency, additionally rising prices may reduce its usage, therefore demand patterns may shift

Updated Fuel Prices Announced

Meanwhile, Indian Oil Corporation Limited revised premium fuel rates, moreover XP100 petrol price increased significantly, additionally it moved from ₹149 to ₹160 per litre, therefore the jump reached about ₹11

Similarly, extra green premium diesel price rose, moreover it increased from ₹91.49 to ₹92.99 per litre, additionally this reflects ₹1.50 hike, therefore revised rates now apply immediately

Previous Price Increase Context

Earlier, on March 20, oil companies had already increased premium petrol prices, moreover that hike ranged between ₹2 and ₹2.35 per litre, additionally regular petrol prices remain unchanged, therefore only premium fuels saw revision