From The Economic Times · ET Online · · 50s
Private pumps ration diesel as oil shock deepens
Private fuel retailers limit diesel sales to 50 litres per customer amid oil price surge.
In brief
Private fuel retailers limit diesel sales to 50 litres per customer amid oil price surge. Private fuel retailers in India restrict diesel sales to 50 litres per customer due to rising crude prices from West Asia conflict. Originally reported by The Economic Times.
Diesel sales limits begin
Private fuel retailers start restricting diesel sales to 50 litres per customer.
“50 litres per customer”
State companies unaffected
Indian Oil, Bharat Petroleum, and Hindustan Petroleum continue selling diesel without limits.
Jio-BP outlets capped
Jio-BP outlets limit daily sales to 6,000 litres and 50 litres per transaction.
“50 litres per customer”
Nayara Energy limits
Nayara Energy outlets allow 70 to 200 litres per transaction.
Oil prices surge
India's crude basket rose to $117.4 a barrel in September.
Fuel companies lose money
Oil marketing companies lose about rs 9 per litre on diesel.
“rs 9 per litre”
The one thing
Private fuel retailers in India restrict diesel sales to 50 litres per customer due to rising crude prices from West Asia conflict.
