Nayara Energy increases petrol price by ₹5 per litre, diesel by ₹3
The fuel retailer, which operates 7,108 petrol pumps across India, has raised prices with immediate effect as higher international crude oil and refined-product costs put pressure on fuel margins
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.
This story
This is one outlet's version. Read the fullest account.
- Nayara Energy hikes petrol by ₹5, diesel by ₹3 thehindubusinessline.com
