IOC says fuel shortages localised as PSU pumps absorb private retail spillover
Indian Oil flags petrol sales up 14% and diesel up 18% in May, citing harvest-season demand and bulk buyers shifting from pricier private retailers to PSU outlets. Localised demand spikes of 20-30% strained some of its 42,000 outlets, but supply is adequate.
Indian Oil flags petrol sales up 14% and diesel up 18% in May, citing harvest-season demand and bulk buyers shifting from pricier private retailers to PSU outle
Indian Express · Business · 5/24/2026, 12:56:58 AM · Ask about this →