Nayara Cuts Fuel Prices Up To Rs 5/Litre As State OMCs Hold Pump Rates
Nayara Energy slashed petrol by up to Rs 5/litre and diesel by up to Rs 3/litre at its pumps, but state-run retailers Indian Oil, BPCL and HPCL are expected to keep prices steady while they process higher-cost crude and recoup Rs 500-600 crore per day in under-recoveries.
Nayara Energy cut petrol prices up to Rs 5/litre and diesel up to Rs 3/litre, but state-run OMC fuel retailers are expected to hold pump prices as they process higher-cost crude and recoup losses.