Jio-bp not to raise petrol and diesel prices
The country’s second-largest private fuel retailer has kept retail petrol and diesel rates steady, just like public sector firms, which have not passed on the surge in raw material (crude oil) cost to consumers for fear of spiking inflation. File.
| Photo Credit: Reuters
Jio-BP, the fuel joint venture of Reliance Industries Limited and BP Plc, does not plan to raise fuel prices immediately despite a spike in international oil prices, its chief executive Akshay Wadhwa said on Friday (April 10, 2026).
The country’s second-largest private fuel retailer has kept retail petrol and diesel rates steady, just like public sector firms, which have not passed on the surge in raw material (crude oil) cost to consumers for fear of spiking inflation.
Published – April 11, 2026 07:30 am IST
