Nayara raises fuel prices

Petrol has become costlier by Rs 5.30 per litre, while diesel prices have increased by Rs 3 per litre

New Delhi – Nayara Energy has raised petrol prices by Rs 5 per litre and diesel by Rs 3 per litre, becoming the first major fuel retailer to pass on part of the recent surge in global oil prices to consumers.

The price increase comes as fuel retailers face rising input costs following a sharp increase in international crude prices linked to the ongoing conflict in Middle East.

According to pump manager, price of petrol now stands at Rs 105.71 from Rs 100.71, while diesel now costs Rs 94.31 from Rs 91.31 earlier. The company has also announced that its refinery in Vadinar, Gujarat, will be partially shut down for 35 days for maintenance and repairs.