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India's oil secretary warns firms against capping diesel sales

Based on · First reported

India's oil secretary warns firms against capping diesel sales
Image: economictimes.indiatimes.com
  • Oil secretary Neeraj Mittal held a press conference and warned Nayara Energy and the Reliance Industries‑BP joint venture that limiting diesel sales at pumps is unacceptable and that no company is permitted to cap fuel sales.
  • Reports indicate the two firms have restricted diesel sales as rising international diesel prices have strained domestic supply, and Mittal reiterated that the government's stance on preventing fuel sales caps remains unchanged.
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