IndianOil says no nationwide fuel shortage; supply issues at some outlets 'highly localised'
Published on: May 24, 2026, 4:27 a.m. | Source: Daily Excelsior
NEW DELHI, May 23 : Indian Oil Corporation (IOC), the nation’s largest oil firm, on Saturday said there was no overall shortage of petrol and diesel in the country and described fuel outages reported at some retail outlets as “highly localised” and temporary, caused by regional demand-supply mismatches and shifting sales patterns. The state-owned fuel retailer said higher demand at certain outlets was driven by a seasonal rise in diesel consumption during the harvesting season, migration of customers from private […]
