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Nayara Energy Hikes Petrol, Diesel Prices at 7,108 Pumps; Customers Face Shock.
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CNBC Awaaz•03-10-2026, 14:55
Nayara Energy Hikes Petrol, Diesel Prices at 7,108 Pumps; Customers Face Shock.
- •Nayara Energy has increased petrol prices by 5 rupees per liter and diesel by 3 rupees per liter.
- •The company implemented the hike to reduce the gap between rising international oil and refined petroleum product prices and retail prices.
- •The new prices came into effect today, Saturday, at Nayara Energy's 7,108 petrol pumps across the country.
- •Nayara had previously increased prices in March due to the Iran conflict but reduced them in July.
- •Government oil companies had also raised petrol and diesel prices in phases during May.
Key Questions Answered
Nayara Energy increased petrol prices by 5 rupees per liter and diesel by 3 rupees per liter across its 7,108 petrol pumps nationwide.
The price hike was implemented to reduce the widening gap between rising international oil and refined petroleum product prices and retail prices, driven by energy supply disruptions from the Iran conflict.
State-owned oil companies, which control over 90 percent of the country's petrol pumps, have kept retail prices of petrol and diesel relatively stable for a long time despite international crude fluctuations.
