Reliance Industries Says No Fuel Purchase Limit At Jio-bp Pumps
Reliance Industries denies fuel cap at Jio-bp pumps, calling reports of ₹1,000 limit localised.
Reliance Industries Ltd on Friday clarified that there are no restrictions or caps on fuel purchases at its Jio-bp mobility outlets, stating that all stations remain fully operational and continue to serve customers without limitation. The company’s response came after media reports suggested that some customers were facing purchase limits at select fuel stations operated under its joint venture with BP Plc.
In its official clarification, the company said its fuel outlets remain adequately stocked and are offering uninterrupted services across locations. A spokesperson cited by NDTV Profit stated that there is no mandate restricting the quantity of fuel that can be dispensed to customers. The company added that any perceived limits were due to isolated and localised situations rather than a formal policy.
The clarification follows a report by Bloomberg which claimed that some Jio-bp stations had temporarily capped fuel sales at around $11 (approximately ₹1,000) per customer per visit. The report, citing unnamed sources, suggested that certain outlets had introduced informal limits to manage demand amid concerns over supply stability. The joint venture reportedly operates more than 2,000 fuel stations across India.
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Broader market conditions have added context to the developments, with global oil supply chains facing pressure due to disruptions linked to the Strait of Hormuz. Despite a ceasefire between the United States and Iran, shipping risks in the region remain elevated, contributing to volatility in global crude prices. Benchmark Brent crude has continued to fluctuate as markets assess supply risks and inventory trends.
India’s petroleum sector has also been under financial strain, with government assessments indicating that oil marketing companies are incurring significant losses on fuel sales. The Ministry of Petroleum and Natural Gas had previously estimated losses of ₹24.40 per litre on petrol and ₹104.99 per litre on diesel, reflecting the broader impact of global pricing pressures. Against this backdrop, Reliance maintained that its retail fuel operations remain stable and unaffected, reiterating its commitment to uninterrupted service for customers across its network.
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