Sujata Sharma & Nayara Energy

Sujata Sharma: Sujata Sharma>>>, Joint Secretary in the Ministry of Petroleum and Natural Gas, stated that state fuel retailers were incurring significant daily losses on fuel sales even after initial price increases, indicating the financial pressure on these companies.

Nayara Energy: Nayara Energy>>>, a private fuel retailer, had already increased petrol and diesel prices in March, moving ahead of state-run firms in adjusting to rising input costs.

Sujata Sharma: Sujata Sharma, Joint Secretary in the India — Ministry of Petroleum and Natural Gas, has been a key spokesperson, reiterating India's unwavering stance on Russian oil imports, emphasizing commercial sense and energy security.

Nayara Energy: Nayara Energy, an Indian refiner, has experienced reduced purchases due to maintenance shutdowns, contributing to slower processing demand for crude.