As per Bloomberg report, Reliance Industries Ltd has started limiting fuel purchases at some of its retail outlets, capping transactions at around ₹1,000 (about $10.8) per customer. The restriction is being seen at pumps operated with BP Plc, which together run over 2,000 outlets across India.
There has been no formal announcement from the company. The limits are being applied at the station level to manage available stock.
The development follows supply issues linked to the Strait of Hormuz, a major route for global oil shipments.
Although tensions between the United States and Iran have eased slightly, vessel movement remains affected and insurance costs for shipments are still high.
India depends on imports for more than 90% of its crude oil needs, making domestic supply vulnerable to such disruptions.
Reliance operates a small share of India’s fuel stations, estimated at around 2% of the total network of over 102,000 pumps. Despite this, the purchase limits point to pressure building at the retail level.
State-run companies such as Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited have not issued any official restrictions. However, similar limits have been reported at some outlets based on customer accounts.
Fuel prices have not been revised since March 2024, even as global crude prices have fluctuated. Government data indicates that oil marketing companies are currently losing ₹24.40 per litre on petrol and ₹104.99 per litre on diesel.
Private retailer Nayara Energy, partly owned by Rosneft PJSC, had increased prices earlier to reduce losses and control demand.
As per the report, a Reliance spokesperson said there is no company-wide instruction to restrict fuel purchases. The limits, where applied, are being treated as local actions based on supply conditions at individual outlets.
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As of April 10, 2026, at 10:19 am, Reliance Industries share price was trading at ₹1,347.70, up 1.33% from the previous closing price.
Fuel purchase caps at select outlets show tighter availability at the retail level. The situation remains uneven, with restrictions varying across locations depending on supply.
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Published on: Apr 10, 2026, 11:47 AM IST
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