Archive · 4 Oct 2026
Nayara Raises Petrol and Diesel Prices as Oil Costs Rise
Nayara Energy has made petrol and diesel more expensive at its fuel stations.
Petrol costs Rs 5 more per litre, and diesel costs Rs 3 more.
The new prices began on Saturday, October 3, across its stations in India.
The company says higher global oil costs have made it more expensive to supply fuel.
Nayara made the same increases in March, but lowered prices again in July when crude oil became cheaper.
State-run fuel companies did not change their prices that Saturday.
Icra estimated that fuel companies were losing money on petrol and diesel in September.
Higher prices can cost drivers and businesses more, while unchanged prices can leave fuel sellers carrying losses.
Nayara Energy raised petrol prices by Rs 5 per litre and diesel by Rs 3, effective Saturday, October 3.
The increase applies across Nayara’s nationwide network of more than 7,000 fuel stations; sources give the network as 7,108.
Nayara made the same increases on March 26, then cut prices by the same amounts on July 1 after crude prices eased.
State-owned oil companies, which control more than 90% of India’s 104,137 fuel outlets, did not revise prices on Saturday.
Icra estimated September marketing losses of about Rs 8 per litre for petrol and Rs 9 for diesel, with daily losses of about Rs 530 crore across petrol, diesel and LPG.
- Who
- Nayara Energy, a private fuel retailer in India.
- What
- It raised petrol prices by Rs 5 per litre and diesel prices by Rs 3 per litre.
- When
- Effective early Saturday, October 3.
- Where
- Across Nayara’s fuel stations in India.
- Why
- Higher international crude oil and refined-product costs were putting pressure on retail fuel margins.
Retailer Cost Pressures
Customer and Supply Concerns
Fuel price increases
Retailer Cost Pressures
Nayara’s increase seeks to narrow the gap between retail prices and higher crude and refined-product costs; Icra estimated substantial marketing losses for oil companies.
Customer and Supply Concerns
The increase raises fuel costs for customers and may add to freight and operating expenses; broader or sustained increases could affect inflation and fuel demand.
Retail fuel availability
Retailer Cost Pressures
Officials said the gap between retail and bulk diesel prices encouraged industrial buyers to purchase cheaper fuel at retail outlets, putting pressure on supplies.
Customer and Supply Concerns
The government told private retailers not to restrict petrol and diesel sales.
- Petrol price increase
- Rs 5 per litre
- Diesel price increase
- Rs 3 per litre
- Effective date
- Saturday, October 3
- Nayara network
- More than 7,000 fuel stations; some reports specify 7,108
- Earlier price changes
- Nayara raised prices by the same amounts on March 26 and cut them by those amounts on July 1
- State-owned retailers
- Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation control more than 90% of India’s 104,137 fuel outlets
- Icra September estimates
- Negative marketing margins of about Rs 8 per litre for petrol and Rs 9 for diesel; estimated daily losses of about Rs 530 crore across petrol, diesel and LPG
- Government direction
- On October 1, the government said private retailers should not restrict petrol and diesel sales
Sources
Nayara Energy Hikes Petrol By Rs 5 And Diesel By Rs 3, Higher Global Oil Costs Squeeze Retailers
Nayara Energy increases petrol prices by Rs 5 per litre, diesel rates hiked by Rs 3
Private Fuel Retailer Nayara Energy Hikes Petrol Price By Rs 5, Diesel By Rs 3 Per Litre
Nayara hikes petrol by Rs 5, diesel by Rs 3
Nayara Energy hikes fuel prices: Petrol up Rs 5, diesel Rs 3 amid crude, retail fuel losses
Nayara Energy Hikes Petrol By ₹5, Diesel By ₹3 Per Litre In Madhya Pradesh As Crude Oil Prices Rise
Nayara Energy hikes petrol by ₹5, diesel by ₹3
