Pune: Premium Petrol Price Hiked by Rs 2 per Litre; XP95 and Power Petrol Become Costlier
Pune, 20th March 2026: Oil marketing companies have increased the price of premium petrol variants by around ₹2 per litre, a move attributed to the impact of the ongoing geopolitical tensions in the Gulf region on global fuel markets. The revised rates came into effect on March 20, 2026.
According to fuel dealers, the price of branded premium petrol — Power by Hindustan Petroleum Corporation Limited (HPCL) and XP95 by Indian Oil Corporation Limited (IOCL) — has been increased by about ₹2.09 per litre. The rate of premium petrol, which was earlier around ₹111.68 per litre, has now risen to approximately ₹113.77 per litre.
There has been no change in the prices of regular petrol and diesel, offering some relief to common motorists.
At present, Bharat Petroleum Corporation Limited (BPCL) has not issued an official communication regarding the revision, though market rates indicate that the price of Speed petrol (BS-VI) has increased by ₹2.09 to ₹112.92 per litre. The price of regular petrol (MS BS-VI) remains unchanged at ₹103.81 per litre, while diesel (HSD BS-VI) continues at ₹90.35 per litre.
Commenting on the development, Dhruv Ruparel, President of the Petrol Dealers Association, Pune, said the increase is largely linked to the prevailing war situation in the Gulf region, which has affected fuel supply dynamics and global crude trends.
“The increase has been implemented only on premium petrol variants such as XP95 and Power petrol. Prices of regular petrol and diesel have not been revised, which is a relief for the majority of vehicle users,” Ruparel said.
He added that the situation in the international energy market remains uncertain due to geopolitical tensions, and fuel dealers are closely monitoring developments.
India has more than one lakh petrol pumps across the country, including around 8,000 in Maharashtra. The increase in premium petrol prices is expected to impact motorists who use high-octane fuel variants, while most regular fuel consumers will not see any immediate change in their fuel expenses.
Industry observers said the fuel market could remain volatile if global tensions continue, and any further changes in fuel pricing will depend on international crude trends and supply conditions.
