Premium petrol prices in Rajasthan have risen amid growing geopolitical tensions in the Gulf region, affecting global crude oil markets. Oil Marketing Companies (OMCs) have increased the price of high-octane fuels by Rs 2 to Rs 2.3 per litre, while prices of regular petrol remain unchanged for the time being.
Sunit Bagai, convenor of the Rajasthan Petroleum Dealers Association, told IANS that the impact of the hike on overall petrol sales will be minimal, as premium petrol accounts for only about one per cent of total consumption in the state. “Premium petrol is marketed as a value-added luxury product used by a small segment of consumers,” he said, adding that its prices are deregulated and follow international market trends.
Major oil companies in India, including Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL), have increased prices for their branded premium fuels—XP95, XP100, Speed, Speed 97, Power Petrol, and Power95. In Jaipur, premium petrol has risen from approximately Rs 111.68 per litre to over Rs 113.77 per litre, reflecting an average hike of Rs 2.03 per litre across the state.
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Experts attribute the price increase to disruptions in the global oil supply chain caused by tensions in the Middle East. Premium fuels, which require high-quality additives, are more sensitive to fluctuations in international crude oil prices. Oil companies have passed these additional costs on to consumers, while keeping regular petrol prices stable to offer relief to the broader public.
Current petrol prices across Rajasthan vary by district, with Jaipur averaging Rs 104.72 per litre, Jodhpur Rs 104.61, Bikaner Rs 106.20, Sri Ganganagar Rs 106.21, and Udaipur Rs 105.51. Regular petrol prices remain steady between Rs 104.36 and Rs 106.21 per litre, depending on location, helping mitigate the impact on everyday consumers.
Bagai cautioned that if geopolitical tensions continue, fuel prices—including both petrol and diesel—could see further fluctuations in the coming weeks. For now, OMCs appear to be managing rising input costs primarily through adjustments in premium fuel pricing.
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