If you also use this special fuel for your car or bike, then this news is directly related to your pocket. From March 20, 2026, Oil Marketing Companies (OMCs) have taken a big step and increased the prices of premium petrol. According to the report, the price of this fuel has been increased by Rs 2 to Rs 2.3 per litre. This change has been implemented in the entire country from 6 am today.
Direct impact on these brands
According to the report, this latest price increase has mainly affected these high-grade branded fuels. These include prominent names like ‘Power’ petrol of Hindustan Petroleum Corporation Limited (HPCL) and ‘XP95’ of Indian Oil Corporation Limited (IOCL). Generally, vehicle owners prefer this premium petrol in the hope of smooth engine performance in their expensive cars and modern bikes. Now after this increase, the monthly fuel expenditure will definitely increase slightly.
Middle East tension became the reason
At present there is deep geopolitical tension in the countries of the Middle East. This international instability has badly affected fuel markets around the world. Whenever there is such pressure on crude oil and supply chain at the international level, its direct impact is seen on the prices in the domestic market as well. This is the reason why oil companies in India have had to increase the prices of premium petrol to balance the pressure of the international market.
No change in the price of regular petrol
Keep in mind that this price increase has been limited to high quality premium petrol only. If you fill regular petrol in your car for your daily journey, then you do not need to worry about this inflation at all. OMC has clarified that there has been no change in the prices of regular petrol.