India to Tell Private Fuel Retailers to End Rationing
India will instruct private fuel retailers to stop rationing sales at their stations. Refiners like Reliance and Nayara had restricted fuel sales to curb mounting market losses.
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India will direct private fuel retailers to halt sales rationing, Oil Secretary Neeraj Mittal said on Thursday morning. The government is moving to eliminate supply caps at private service stations amid mounting pressure on domestic energy distribution. State-run fuel retailers are shouldering losses of 50 rupees per litre on diesel sales.
