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Nayara Raises Petrol by ₹5, Diesel by ₹3 as Global Oil Costs Rise

Nayara Energy has raised petrol prices by ₹5 per litre and diesel by ₹3 per litre across its nationwide fuel-station network as higher global crude and refined-product costs squeeze retail margins.

Nayara Energy raises petrol prices by ₹5 and diesel prices by ₹3 per litre across its fuel stations
Nayara Energy increased petrol prices by ₹5 per litre and diesel prices by ₹3 per litre from October 3, 2026.

New Delhi, October 3, 2026: Motorists filling up at Nayara Energy fuel stations will now have to pay more after the private fuel retailer increased petrol prices by ₹5 per litre and diesel prices by ₹3 per litre.

The revised rates came into effect from the early hours of Saturday across Nayara Energy’s nationwide retail network.

The increase does not mean petrol and diesel have become costlier by the same amount at every fuel station in India. The latest revision applies specifically to Nayara Energy outlets, while prices at other fuel retailers may differ.

Nayara operates more than 7,000 fuel stations across the country, giving the price change a significant reach among consumers who regularly use its pumps.

The latest increase comes as international crude oil and refined petroleum-product prices remain elevated, putting pressure on fuel retailers that have been selling petrol and diesel at rates that do not fully reflect higher global costs.

Private fuel companies have been particularly exposed to these market pressures because maintaining lower pump prices while international fuel costs rise can reduce or even eliminate retail margins.

The October increase marks another change in Nayara’s fuel pricing during 2026.

Earlier this year, the company had raised petrol and diesel prices when international energy markets were under pressure. It subsequently reduced those prices in July after global crude prices eased.

The latest revision effectively brings another round of higher prices for motorists using Nayara pumps.

State-owned fuel retailers continue to account for the overwhelming majority of India’s petrol-pump network. At the time of the latest Nayara revision, they had not announced a simultaneous ₹5 increase in petrol or ₹3 increase in diesel.

This means consumers may notice a larger price difference between Nayara stations and nearby pumps operated by other fuel companies.

Actual retail rates will also continue to vary from state to state because petrol and diesel prices include local taxes and other charges.

The timing of the increase is significant because fuel retailers are dealing with a combination of high crude prices, costly refined products and pressure on domestic marketing margins.

When international fuel prices rise but retail pump prices remain relatively stable, oil companies have to absorb a larger part of the cost.

The situation had recently led some private fuel retailers to restrict the quantity of petrol or diesel being sold at certain outlets.

The Central government has made it clear that fuel retailers should not impose unilateral restrictions on sales and has asked companies to ensure adequate availability for consumers.

Higher fuel costs can also have an impact beyond motorists.

Diesel is widely used in commercial transport, agriculture and goods movement. A sustained rise in diesel prices can therefore increase transportation and operating costs for businesses, although the wider impact will depend on whether other fuel retailers also revise their prices.

Petrol price increases have a more direct effect on private vehicle owners, particularly those who depend on two-wheelers and cars for daily travel.

For now, consumers should check the displayed price at their local fuel station rather than assuming the ₹5 and ₹3 hikes apply uniformly across India.

The key development is that Nayara Energy has increased petrol by ₹5 per litre and diesel by ₹3 per litre from October 3, while fuel prices at pumps operated by other companies may remain different.

Any further changes will depend largely on international oil prices, domestic pricing decisions and how long pressure on fuel-retail margins continues.

For permission to reuse our original reporting or images, contact The Jalandhar Times.

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