Nayara Energy, India's largest private fuel retailer, reduced petrol by Rs 5/litre and diesel by Rs 3/litre nationwide. This is the first price cut in over two years, driven by lower international crude oil prices due to easing Middle East tensions.
Nayara Energy, India's largest private fuel retailer, has cut petrol by Rs 5/litre and diesel by Rs 3/litre nationwide. This move, driven by lower international crude oil prices due to easing Middle East tensions, marks the first price reduction by any fuel retailer in over two years. State-run companies kept prices unchanged.
Nayara Energy, backed by Russia's Rosneft, has exceeded 7,000 petrol pumps nationwide, solidifying its position as India's leading private fuel retailer. The company has rapidly expanded its network, adding over 500 outlets in 18 months, with a significant presence in rural areas.
