Petrol Price Hike in India: On March 20, 2026, the price of premium petrol like 'Speed' of BPCL, 'Power' of HPCL, and 'XP95' of IOCL has been increased by Rs 2.09 per liter.

Petrol Price Hike in India: Petrol prices increased in India

Petrol Price Hike: Amid the ongoing crisis in the Middle East, petroleum companies have increased the price of premium petrol by ₹2. However, the prices of regular petrol and diesel have remained unchanged and are being sold at the same rates. These increased rates will be implemented starting the night of March 20th. Additionally, the price of industrial diesel has been increased by ₹22 per liter.

While the war-like situation with Iran is already posing an LPG crisis, oil companies have dealt a blow by raising the price of premium petrol ( Petrol Latest Price in India) . Starting today, the price of premium petrol, such as BPCL's "Speed," HPCL's "Power," and IOCL's "XP95," has been increased by ₹2.09 per liter.

XP95 petrol is currently being sold at ₹101.80 per liter at some IOCL outlets. Premium petrol, which was previously priced at ₹111.68 per liter at some locations, has now risen to ₹113.77 per liter. Following this increase, the price of petrol in Uttar Pradesh's capital, Lucknow, has reached ₹103.92 per liter, while premium petrol is being sold at ₹113.17 per liter in Pune.

Rise in crude oil prices.

Let us know what the price of normal petrol is in which state right now - Delhi Rs 94.77 per liter, Gujarat - 94.49, Haryana 95.91, West Bengal 106.72, Jharkhand Rs 98.38, Kerala, 106.08.

This increase in premium petrol prices in India comes at a time when the price of crude oil in the international market has surpassed $100 per barrel. At the same time, an LPG crisis already exists. Consequently, this surge in crude oil prices will directly impact the pockets of ordinary people and could further increase inflationary pressures.

This is the third week of US and Israeli attacks on Iran. US President Donald Trump has consistently claimed that this war will end soon, but the current situation suggests otherwise. Despite the killing of top Iranian commanders, Tehran's retaliatory strikes make it clear that this conflict is unlikely to end soon.

Big fall in rupee

While crude oil prices are experiencing a sharp rise, the Indian currency is experiencing a significant decline. On Friday, the rupee fell below 93 against the US dollar for the first time. This has further increased pressure on the government to address inflation.