India's state-run oil companies raise premium petrol and bulk diesel prices
The Facts
- State-run oil marketing companies raised premium petrol prices on Friday by about ₹2 per litre.
- State-run oil marketing companies raised bulk or industrial diesel prices on Friday by about ₹22 per litre.
- Regular petrol and regular diesel prices were left unchanged for ordinary consumers.
- The price increases were reported in the context of a surge in global crude oil prices linked to conflict in West Asia or the Middle East.
- In Delhi, premium petrol was reported to have risen from ₹99.89 per litre to ₹101.89 per litre, and industrial diesel from ₹87.67 per litre to ₹109.59 per litre.
- The premium fuel hike applied to high-octane or branded variants such as XP95, Power, and Speed.
- Several reports said the premium petrol increase was the first substantial rise in retail fuel prices of any category since March 2024.
Context
Which fuel prices changed, and which did not?
The increase applied to premium petrol and bulk industrial diesel, while regular petrol and regular diesel stayed unchanged for ordinary consumers Hans India,Hindustan Times,mint,ETAuto.com.
Who is affected by the bulk diesel increase?
Bulk or industrial diesel is sold directly to commercial users and establishments, including factories and telecom towers, rather than to ordinary retail consumers Hans India,ETAuto.com,Economic Times.
Why did oil companies raise these prices now?
Reports said the companies were responding to higher global crude prices driven by conflict in West Asia or the Middle East, which was putting pressure on fuel margins Hans India,Hindustan Times,mint,ETAuto.com,Business Standard,Tribune.
The receipts — all 39 sources
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