Jio-bp, Nayara Energy ask dealers to sell less, keep pumps open - Business News: Latest News & Videos about market and economy | Trendmergers

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Jio-bp, Nayara Energy ask dealers to sell less, keep pumps open

The move comes after the government on Friday brought all petrol pumps under the universal service obligation (USO), mandating that they must maintain supplies at reasonable prices during their specified working hours. To minimise their losses, private players cut supplies to dealers and kept prices higher to discourage customers, industry insiders said.

from Industry-Economic Times
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