{"id":573620,"date":"2023-05-02T10:15:46","date_gmt":"2023-05-02T04:45:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=573620"},"modified":"2023-05-02T10:44:43","modified_gmt":"2023-05-02T05:14:43","slug":"reliance-bp-nayara-price-petrol-diesel-at-mkt-rates","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-bp-nayara-price-petrol-diesel-at-mkt-rates\/","title":{"rendered":"Reliance-bp, Nayara price petrol, diesel at mkt rates"},"content":{"rendered":"<p>India\u2019s private fuel retailers &#8212; Reliance-bp and Russia\u2019s Rosneft-backed Nayara Energy &#8212; have begun pricing petrol and diesel at market rates for the first time in over a year after a fall in global oil prices cut losses, sources said. <\/p>\n<p>Reliance BP Mobility Ltd (RBML), a joint venture between Reliance Industries Limited and UK\u2019s bp, Nayara Energy and Shell sold petrol and diesel at huge losses as they tried to match the below-cost frozen rates of dominant public sector retailers. The losses were despite pricing fuel at slightly higher rates than state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (BPCL).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s private fuel retailers &#8212; Reliance-bp and Russia\u2019s Rosneft-backed Nayara Energy &#8212; have begun pricing petrol and diesel at market rates for the first time in over a year after a fall in global oil prices cut losses, sources said. Reliance BP Mobility Ltd (RBML), a joint venture between Reliance Industries Limited and UK\u2019s bp, Nayara Energy and Shell sold petrol and diesel at huge losses as they tried to match the below-cost frozen rates of dominant public sector retailers. The losses were despite pricing fuel at slightly higher rates than state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd [&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":[130,211,144],"tags":[],"class_list":["post-573620","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/573620","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=573620"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/573620\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=573620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=573620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=573620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}