Auto-rickshaws and motorcycles queue at a fuel station in New Delhi, India.
New Delhi, India – Indian Oil Corporation (IOCL) has issued a statement to allay fears of a nationwide petrol and diesel shortage, asserting that any supply disruptions at select outlets are highly localized and temporary. The company attributes these isolated incidents to a confluence of factors, including seasonal demand surges related to harvesting activities, a shift in customer preference from higher-priced private fuel stations, and increased bulk purchases by institutional clients.
IOCL emphasized that it maintains adequate fuel stocks across its network and is actively working to resolve the localized demand-supply mismatches. The company’s infrastructure and logistics are designed to ensure uninterrupted fuel supplies, and efforts are underway to address the specific challenges causing the temporary outages at some retail outlets. This clarification aims to provide market stability and confidence to consumers and stakeholders amidst reports of localized fuel unavailability.
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