Agra, India — March 26, 2026
Fuel prices in India have seen a sharp uptick after private fuel retailer Nayara Energy increased petrol prices by ₹5 per litre and diesel by ₹3 per litre at select outlets, including pumps in Agra.
According to ground reports, the revised rates are already being implemented at Nayara Energy fuel stations. Petrol is now retailing at ₹99.62 per litre, up from ₹94.62, while diesel prices have risen to ₹90.41 per litre from ₹87.41.
PSU Companies Yet to Revise Prices
State-run oil marketing companies such as Indian Oil Corporation and Bharat Petroleum have not yet revised their fuel prices. However, industry experts suggest that a price hike by public sector companies could follow soon if market trends persist.
Supply Adjustments Trigger Market Anxiety
Petrol pump operators revealed that oil companies have started limiting fuel supply based on daily sales volumes rather than storage capacity. This shift marks a departure from earlier practices, where supply was aligned with demand and reserve capacity.
Pump owners stated that there is no actual shortage of fuel, but consumer behavior has changed. “People are buying more fuel out of fear of further price hikes, which is creating temporary pressure on supply,” said one dealer, requesting anonymity.
Rural Areas Facing Supply Pressure
The situation appears more strained in rural regions, where supply has reportedly been reduced. Several pump operators indicated that deliveries to rural outlets have been cut back, leading to localized shortages and inconvenience for consumers.
Market Outlook
The latest move by Nayara Energy could act as a precursor to broader fuel price adjustments across India. With global crude trends and domestic supply dynamics in play, consumers may face further increases in the coming days.
