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Hindustan Petroleum Corporation Limited (HPCL) has increased the price of its premium petrol price by Rs 2 per litre. The revised rates came into effect on Friday itself. Although the state-run petroleum company didn’t specify any reason behind the hike, it is believed that fluctuations in global crude oil prices and changes in logistics costs amid the ongoing Iran-US conflict may have prompted the decision. However, the price of HPCL’s normal petrol remains unchanged. Previously, HPCL, in a post on X, said, “There is no disruption in crude oil supply. Additional cargoes are already on the way and will further strengthen India’s supply position in the coming days.” It added, “Avoid rumours. Trust official updates.”
