Petrol, Diesel Prices Slashed: Nayara Cuts Fuel Rates By Up To Rs 5 Across India

Nayara Energy has reduced the prices of petrol and diesel across its fuel stations in India, bringing relief to consumers after weeks of high fuel costs. Earlier, Nayara outlets were selling fuel at higher prices compared to public sector oil companies.

The recent Middle East crisis and disruptions around the Strait of Hormuz had affected global oil supply chains. As one of the world's largest crude oil importers, India witnessed a sharp rise in fuel prices, with rates increasing by as much as Rs 10 to Rs 15 per litre in some regions.

However, with geopolitical tensions now gradually easing, crude oil prices are expected to stabilise in the coming weeks. Nayara, one of India's largest private fuel retailers, has now taken the first step by reducing fuel prices, signalling positive signs for consumers.

Nayara Energy Cuts Petrol, Diesel Prices in India

From July 1, 2026, Nayara has cut petrol prices by Rs 5 per litre, while diesel prices have been reduced by Rs 3 per litre. Following this revision, petrol is now priced at Rs 111.66 per litre, while diesel is retailing at Rs 97.99 per litre.

Earlier, Nayara fuel stations were often priced higher than public sector oil companies such as Indian Oil Corporation, Hindustan Petroleum, and Bharat Petroleum. With the latest price cut, Nayara's fuel rates have now become more competitive and closer to those of other suppliers.

Nayara is one of the largest private fuel retailers in India, operating over 7,000 fuel stations across the country. However, fuel prices may still vary slightly depending on state-level taxes and transportation costs.

This marks one of the first major price cuts by a private fuel retailer in India, and many consumers are now expecting similar revisions from public sector oil companies. While final prices may still differ due to state VAT, this reduction offers immediate relief to millions of motorists across the country.