50-Litre Cap at Some Private Pumps as Crude Prices Surge
What Happened
Some private fuel retailers in India, including certain Jio-BP and Nayara Energy outlets, have started restricting diesel sales as rising crude oil prices and supply disruptions linked to the West Asia conflict increase pressure on fuel suppliers. Several Jio-BP stations have reportedly capped diesel purchases at 50 litres per customer, while some Nayara outlets have limits ranging from 70 to 200 litres per transaction.
Key Takeaways
The curbs are currently limited because state-run oil companies, which operate about 90% of India's fuel stations, continue to sell diesel without restrictions. However, long-haul truck operators could feel the impact if supply pressures persist. Rising crude prices have also pushed fuel retailers into losses, with ICRA estimating losses of about ₹9 per litre on diesel.