Brief by Shorts91 Newsdesk / 12:06pm on 20 Mar 2026,Friday Business
Premium petrol prices in India have been increased by Rs 2–2.3 per litre, while regular petrol and diesel rates remain unchanged. The hike affects high-octane variants like Indian Oil Corporation’s XP95 and Hindustan Petroleum’s Power petrol, with revised prices effective immediately in select cities. The rise is driven by global crude oil crossing $100 per barrel amid West Asia tensions and a weaker rupee, increasing import costs. Officials said pricing is deregulated and the move is a corporate decision. Stable regular fuel prices limit immediate public impact, though sustained crude price pressures could trigger broader fuel price revisions later. (PC: India Today)
