-- BP's (BP) Jio-BP Indian joint venture does not plan to immediately raise fuel prices immediately, after March retail sales of gasoline and diesel rose by 30% and 25%, respectively reported Friday, citing Chief Executive Akshay Wadhwa.
The company is a joint venture between Reliance Industries and BP.
Reuters cited Wadhwa as telling reporters has enough fuel supplies and has not imposed limits on retail sails.
Jio-BP did not immediately reply to' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)