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Petrol up by ₹5, Diesel by ₹3: Nayara Energy hikes prices, know the full story.
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News18•03-10-2026, 13:49
Petrol up by ₹5, Diesel by ₹3: Nayara Energy hikes prices, know the full story.
- •Oil company Nayara Energy has increased the price of petrol by ₹5 per liter and diesel by ₹3 per liter.
- •This increase has been implemented with immediate effect; Nayara Energy has 7,108 petrol pumps across the country.
- •Nayara Energy had previously increased prices in March but later withdrew the hike.
- •Over 90% of petrol pumps are owned by government companies, which have kept prices stable.
- •According to rating agency ICRA, oil companies are incurring a loss of about ₹8 per liter on petrol and ₹9 per liter on diesel.
Key Questions Answered
Nayara Energy increased the price of petrol by ₹5 per liter and diesel by ₹3 per liter with immediate effect.
Nayara Energy operates a refinery with an annual capacity of about 20 million tons in Vadinar, Gujarat.
State-owned oil marketing companies, including IOC, BPCL, and HPCL, operate more than 90% of the country's total 1,04,137 petrol pumps.
