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Nayara Energy cuts petrol and diesel prices as global crude rates fall

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Private fuel retailer Nayara Energy has reduced petrol and diesel prices at its pumps following an easing in global crude oil prices. The move makes Nayara's outlets more competitively priced compared to state-run rivals. Public sector oil marketing companies — Indian Oil, Bharat Petroleum, and Hindustan Petroleum — have not announced any corresponding price cuts. The divergence highlights a split between private and government-owned fuel retailers in passing on global price relief to consumers.

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