Story thread · 2 reports / 2 sources

Reliance, Nayara restrict fuel sales as crude hits $107 and retail prices stay frozen: Report

businesstoday.in · 8hShare

Reliance Industries and Nayara Energy have begun restricting diesel and petrol sales at some outlets as crude prices surge while domestic pump prices remain unchanged. The curbs are aimed at managing rising demand, preventing bulk hoarding and limiting losses for private fuel retailers.

First report: India’s Reliance, Nayara Ration Fuel Sales as Oil Prices Climb — bloomberg.com, 1d