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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 hikes petrol by ₹5, diesel by ₹3

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.

Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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