Nayara Energy hikes petrol by ₹5, diesel by ₹3
The latest increase comes amid renewed pressure on fuel retailers from higher global energy prices and follows a series of price adjustments by Nayara this year as refiners grapple with the impact of geopolitical disruptions on crude and product markets
Nayara Energy, India's largest private fuel retailer, has increased petrol prices by ₹5 per litre and diesel by ₹3 with immediate effect. The price hike aims to bridge the gap between retail prices and rising international oil and refined-product costs, as the company grapples with the impact of geopolitical disruptions on crude and product markets. This is the fourth price increase for Nayara this year, following a series of adjustments as fuel retailers seek to pass on higher costs to consumers.
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- Nayara Energy increases petrol price by ₹5 per litre, diesel by ₹3 business-standard.com