
Brent crude rose to $102.25 per barrel on Friday, pushing the Indian crude basket to $117.28 and squeezing margins for oil marketers.
Nayara Energy, operating 7,108 pumps across India, lifted pump prices for petrol to Rs 108 and diesel to Rs 98.84 in Haryana, reflecting the cost pressure.
Bulk diesel, used by commercial and industrial users, now trades at Rs 153.57 per litre, up from Rs 138.97 in September, a 10.5% jump that mirrors the market benchmark.
Retail diesel remains frozen at Rs 95.64, creating a Rs 57.93 gap that has prompted some commercial buyers to switch to retail outlets, according to Federation of All India Petroleum Association spokesperson Monty Sehgal.
The Ministry of Petroleum and Natural Gas had earlier imposed a 200‑litre cap during the West Asia war, but removed it after the price differential widened; officials say a review of pricing caps is underway, with a decision expected by early October.