Premium fuels get costlier; regular petrol and diesel prices steady

State-run Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital, even as regular petrol and diesel rates remain unchanged across major cities.

The price of XP100 petrol has been raised to Rs 160 per litre from Rs 149 earlier. The high-octane fuel is typically used in luxury vehicles and high-performance motorcycles to improve engine efficiency.

Similarly, IOC has hiked the price of Xtra Green diesel, with the premium fuel now retailing at Rs 92.99 per litre in Delhi, up from Rs 91.49.

Despite the increase in premium fuels, prices of regular petrol and diesel have remained stable. In Delhi, petrol continues to sell at Rs 94.72 per litre and diesel at Rs 87.62, while in Mumbai, petrol is priced at Rs 103.44 and diesel at Rs 89.97 per litre.

The stability in auto fuel prices comes even as global crude oil benchmarks have surged amid escalating tensions in West Asia.

Meanwhile, other petroleum products have seen sharp increases. Commercial LPG cylinder prices have been hiked by Rs 195.50, while aviation turbine fuel (ATF) rates have more than doubled, crossing Rs 2 lakh per kilolitre.

Globally, crude prices have been volatile due to geopolitical uncertainty, including concerns over potential disruptions around the Strait of Hormuz.

While US President Donald Trump has indicated that American military operations against Iran could pause within weeks, Tehran has warned of possible retaliation against US-linked interests, keeping markets on edge.

Despite these global headwinds, oil marketing companies in India have so far held retail petrol and diesel prices steady.

With IANS inputs