IndianOil Confirms No Nationwide Shortage of Petrol and Diesel
IndianOil assures no overall petrol, diesel shortage in the country
Image: Asianet Newsable
Indian Oil Corporation Ltd (IndianOil) has assured that there is no overall shortage of petrol and diesel in India, citing localized supply disruptions due to seasonal demand surges and price shifts. The company reported a significant increase in fuel sales, with petrol sales up by 14% and diesel by 18% compared to last year.
- 01IndianOil stated that supply disruptions are limited to a small number of retail outlets, affecting only a fraction of its 42,000 fuel stations.
- 02The increase in fuel demand is attributed to seasonal factors, particularly during the harvesting period, and a shift in customer preference towards public sector fuel stations.
- 03Institutional demand has risen at public sector outlets due to higher prices at private fuel stations.
- 04From May 1 to May 22, 2026, IndianOil experienced a 14% increase in petrol sales and an 18% increase in diesel sales compared to the same period last year.
- 05IndianOil is closely monitoring fuel supplies and has assured customers of adequate stocks nationwide.
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Indian Oil Corporation Ltd (IndianOil), India's largest oil marketing company, has confirmed that there is no overall shortage of petrol and diesel across the country. The company noted that localized supply disruptions at certain retail outlets are temporary and due to demand-supply imbalances in specific areas. Factors contributing to the increased demand include seasonal rises in diesel consumption during the harvesting period and a shift of customers from private fuel stations to public sector outlets due to higher prices. IndianOil reported a significant increase in fuel sales, with petrol sales rising by 14% and diesel sales by 18% compared to the same period last year. Despite these increases, the company maintains that the supply situation remains under control, with disruptions affecting only a small number of its over 42,000 fuel stations nationwide. IndianOil, along with other Oil Marketing Companies, is ensuring adequate stocks of petrol and diesel and is monitoring the situation to prevent any fuel shortages. The company urges customers to refrain from panic buying, assuring them of seamless fuel availability.
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The assurance from IndianOil helps alleviate concerns about fuel shortages, ensuring that consumers can access petrol and diesel without panic buying.
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