Oil companies raise premium diesel and petrol prices as global crude volatility and currency fluctuations continue to impact fuel costs.
April 1, 2026: Premium fuel prices in India have increased once again, with oil companies raising the cost of premium diesel by around Rs 1.50 per litre from midnight on Monday. The revision follows a recent hike in premium petrol rates and is linked to fluctuations in global crude oil prices and changes in the rupee’s exchange rate. In Delhi, premium diesel is now priced at approximately Rs 95–96 per litre. While premium fuels are promoted for better mileage and engine performance, rising prices may limit their widespread use among consumers.
Indian Oil Corporation Limited has also revised the prices of its premium fuel variants. The high-octane XP100 petrol has seen a sharp increase, rising from about Rs 149 per litre to nearly Rs 160 per litre. Similarly, Extra Green premium diesel prices have gone up from Rs 91.49 to Rs 92.99 per litre. These changes have been implemented with immediate effect across markets.
The latest hike is expected to impact sectors heavily dependent on diesel, including transport, logistics, and agriculture, as higher fuel costs often lead to increased operational expenses. This could eventually result in higher prices for goods and services. Notably, this follows an earlier increase in premium petrol prices on March 20, while regular petrol rates remain unchanged for now. Experts suggest that continued global uncertainty may keep fuel prices volatile in the coming weeks.