 "Private fuel retails Essar Oil, Reliance Industries and Shell were not allowed to accept the old currency notes")
Fuel dealer associations on Wednesday called off their plan to go for “no purchase” of fuel from June 16 in protest against the proposed daily revision of prices by oil marketing companies, after intervention from Union Petroleum Minister Dharmendra Pradhan.
Sources said the government had assured of an increase in dealer commission from July. This is likely to increase petrol and diesel prices further.
Before rolling out daily revision nationally, public sector oil companies had conducted a 40-day pilot run in five cities — Chandigarh, Jamshedpur, Puducherry, Udaipur, and Visakhapatnam.
“This is a pro-consumer move and one of the biggest
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