Contents
After Nayara, Shell hikes fuel prices; diesel up Rs 25 a litre, petrol Rs 7.4
Private retailers have been under pressure as crude continues to hover above $100 a barrel. Unlike public sector firms, they receive no compensation for holding retail prices
Indian Army Agniveer Recruitment Rally 2026, 25,000+ Posts
After Nayara Energy, Shell India raised fuel prices on April 1, with both petrol and diesel seeing steep hikes as private fuel retailers look to minimise losses with crude staying above $100 a barrel.
Petrol prices in Bengaluru have been hiked by Rs 7.41 a litre. The normal variant now costs Rs 119.85 and the Power variant Rs 129.85. Prices in other markets may vary slightly due to local taxes.
Diesel saw a sharper spike of Rs 25.01 a litre. The normal variant now retails at Rs 123.52 and the premium at Rs 133.52.
Sources attributed the hike to a surge in global oil prices following the Iran war. Diesel prices could rise further, potentially touching Rs 148-165 a litre, sources said , though there is no official confirmation.
Shell was not immediately available for comment.
Private fuel retailers have been under pressure as state-run companies have largely kept prices unchanged despite rising crude costs. Unlike public sector firms, private players receive no compensation for holding retail prices, forcing them to pass on the increase to customers.
Kashmir University Fresh Recruitment for Junior Assistant Posts
India, which imports nearly 88 percent of its crude oil, is particularly vulnerable to supply disruptions. Concerns over shipments through the Strait of Hormuz have intensified amid an escalating West Asia conflict, with Brent crude rising 60 percent since February 28 when US and Isreal launched strikes on Iran.