Indian Oil Corporation (IOC) has increased the prices of its premium fuels in Delhi. XP100 petrol now costs Rs 160 per litre, up from Rs 149. This high-octane fuel is commonly used in luxury vehicles and high-performance motorcycles for better engine efficiency.
Similarly, the price of Xtra Green diesel (premium diesel) has been raised to Rs 92.99 per litre in Delhi, compared to Rs 91.49 previously. However, regular petrol and diesel prices have not changed and remain stable in major Indian cities, despite global crude oil benchmarks rising due to escalating geopolitical tensions in West Asia.
Oil marketing companies have maintained stable auto fuel prices while other petroleum products have seen significant price hikes. In Delhi, petrol is selling at Rs 94.72 per litre, and diesel 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.
Meanwhile, commercial LPG prices have been increased by Rs 195.50 per cylinder, and aviation turbine fuel (ATF) rates have more than doubled, surpassing the Rs 2 lakh per kilolitre mark. Globally, crude oil prices have surged due to tensions in West Asia. US President Donald Trump has suggested a possible de-escalation of military actions against Iran in the next three weeks, but Iran has warned of retaliation against American corporations if its key figures are targeted, adding to the uncertainty in the region.
Despite global market volatility, with disruptions around the Strait of Hormuz, retail petrol and diesel prices in India have remained steady.
