Nayara Energy hikes petrol price by ₹5, diesel by ₹3 per litre across India

October 3, 2026

New Delhi Private fuel retailer Nayara Energy has increased petrol prices by ₹5 per litre and diesel prices by ₹3 per litre across its nationwide network, effective from Saturday, as rising international crude oil and refined-product prices put pressure on retail fuel margins.

The revised rates have come into effect across Nayara Energy’s more than 7,000 fuel stations in the country. The company operates 7,108 petrol pumps across India.

Nayara raises fuel prices amid rising global costs

The latest increase is aimed at narrowing the gap between retail fuel prices and higher international crude oil and refined-product costs.

The hike marks Nayara’s second major price revision this year. The company had earlier raised petrol and diesel prices by ₹5 and ₹3 per litre respectively in March amid disruptions in global energy supplies. It later rolled back the increase in July after international crude prices eased.

State-run fuel retailers keep rates unchanged

The latest Nayara hike comes as state-owned oil marketing companies have largely maintained retail petrol and diesel prices despite rising international energy costs.

Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation together control more than 90 per cent of India’s fuel stations. Jio-bp, which operates more than 2,300 outlets, has so far not revised its petrol and diesel prices.

The price difference has become significant for fuel retailers as international crude and petroleum-product prices have risen while retail prices have remained comparatively stable.

Government asks private retailers not to restrict fuel sales

The price hike also comes shortly after the government warned private fuel retailers against restricting petrol and diesel sales at their outlets.

Petroleum Secretary Neeraj Mittal said on October 1 that restricting fuel sales was not acceptable, after some private retailers including Nayara and Jio-bp limited sales at certain outlets amid supply and pricing pressures.

The government has said private fuel retailers should continue supplying petrol and diesel without imposing unilateral restrictions on customers.

The latest increase could widen the price gap between private and state-owned fuel stations, while higher fuel costs could also add pressure to transportation and operating expenses if the trend continues.