Premium Fuel Prices Surge in Delhi as ATF and Commercial LPG Rates Climb Sharply Amid Global Oil Disruptions

Premium Fuel Prices Surge in Delhi as ATF and Commercial LPG Rates Climb Sharply Amid Global Oil Disruptions

Indian Oil raises premium petrol and diesel prices in Delhi as ATF briefly crosses Rs 2 lakh per kilolitre and commercial LPG surges by over Rs 300 since March 1, driven by global oil disruptions and Middle East conflict, signaling continued volatility in fuel markets.

 

Indian Oil Corporation Limited has raised the prices of premium petrol and diesel in Delhi, triggering fresh concerns over fuel costs. On the same day, aviation turbine fuel (ATF) prices were briefly doubled before being rolled back for domestic airlines, while commercial LPG cylinder rates have also gone up sharply over the past month.

XP100 petrol now costs Rs 160 per litre in Delhi, up from Rs 149 earlier. Xtra Green premium diesel has been increased to Rs 92.99 per litre from Rs 91.49 earlier. XP100 is a 100-octane petrol meant for high-end cars and superbikes for better engine performance.

Indian Oil has not provided an official reason behind the price hike. The increase comes as global oil and fuel prices have surged due to the Middle East conflict and supply disruptions.

Earlier, on March 27, the government cut excise duty on regular petrol and diesel by Rs 10 per litre each. This move enabled oil companies to keep normal pump prices steady despite rising global costs.

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ATF prices in Delhi were initially raised to Rs 2,07,341.22 per kilolitre from Rs 96,638.14 per kilolitre, marking the first time ATF crossed the Rs 2 lakh per kilolitre threshold. The oil ministry stated that prices were expected to rise by over 100 per cent due to global factors, including disruption of key shipping routes such as the Strait of Hormuz. However, oil companies implemented only a partial and staggered increase to avoid a sudden shock to airlines.

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Even after the revision, ATF remains among the highest ever recorded. The previous peak occurred in 2022, when prices reached about Rs 1.1 lakh per kilolitre following the surge in oil prices after Russia's military action in Ukraine.

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The price of a 19-kg commercial LPG cylinder in Delhi has a

lso been increased to Rs 2,078.50, up from Rs 1,768.50 on March 1. This marks the third hike since March 1 and the fifth increase since January 1, 2026.

The simultaneous rise in premium fuel, ATF, and commercial LPG prices underscores mounting pressure from global energy disruptions, highlighting the continued volatility in fuel markets and its cascading impact across sectors.

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