The Economic Times

Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: Report

Jio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, widening pressure on station inventories. The price gap between retail and bulk diesel has reached up to Rs 40 a litre, with IOC, BPCL and HPCL likely to follow.