New Delhi, March 20 -- Indian Oil Corp Ltd (IOCL) announced that its recent fuel price revision applies exclusively to its premium petrol brand, XP-95, ensuring that the move results in minimal impact on overall domestic consumption. IOCL noted that the decision came as "global crude oil prices surged from USD 71 to USD 156 per barrel within the last 20 days". Despite this sharp international spike, the company maintained that no price increase occurred for regular automotive fuel across the country.

"As global crude prices surge, stability at home matters more than ever. IndianOil has ensured no increase in regular automotive fuel prices in India, even amid rising international costs. A limited revision applies only to premium petrol XP...