{"id":477225,"date":"2022-03-22T09:08:07","date_gmt":"2022-03-22T03:38:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=477225"},"modified":"2022-03-22T09:29:18","modified_gmt":"2022-03-22T03:59:18","slug":"indias-bulk-diesel-buyers-rush-to-cheaper-retail-outlets-after-price-hike","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-bulk-diesel-buyers-rush-to-cheaper-retail-outlets-after-price-hike\/","title":{"rendered":"India&#8217;s bulk diesel buyers rush to cheaper retail outlets after price hike"},"content":{"rendered":"<p>Indian bulk diesel buyers are snapping up diesel from retail stations as pump prices are Rs 25 ($0.33) a litre cheaper than their bulk contract prices, a spokesperson for a fuel retail joint venture of Reliance Industries Ltd and energy major BP said.<\/p>\n<p>Indian state-run fuel retailers, who dominate local fuel sales, have not raised pump prices since November 4 despite a surge in global oil and fuel prices, but they have continued to raise prices of direct sales for industrial or bulk clients in line with the terms of those contracts.<\/p>\n<p>&#8220;There is a massive surge of demand at fuel stations due to increased delta of Rs 25 a litre between retail and industrial price of diesel, leading to heavy diversion of bulk diesel customers to retail outlets,&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian bulk diesel buyers are snapping up diesel from retail stations as pump prices are Rs 25 ($0.33) a litre cheaper than their bulk contract prices, a spokesperson for a fuel retail joint venture of Reliance Industries Ltd and energy major BP said. Indian state-run fuel retailers, who dominate local fuel sales, have not raised pump prices since November 4 despite a surge in global oil and fuel prices, but they have continued to raise prices of direct sales for industrial or bulk clients in line with the terms of those contracts. &#8220;There is a massive surge of demand at [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-477225","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/477225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=477225"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/477225\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=477225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=477225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=477225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}