Petrol prices: Enough supply to fulfil the demand for petrol and diesel

Fuel prices: Enough supply to fulfil demand for petrol and diesel

TeknikalRaman Finance & Business POSTED BY: Ranjeet Kumar PUBLISHED: Jun 16, 22

The government claimed on Wednesday that the country's petrol and diesel output is more than enough to meet any demand spike

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and that public sector oil marketing organisations are working extra hard to meet the increased demand.

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Following allegations that public sector retail fuel outlets in several regions of the nation are running out of petrol due to supply difficulties

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the government has issued a statement.

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Customers' wait times at fuel stations have increased in some areas, particularly in Rajasthan, Madhya Pradesh

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Customers' wait times at fuel stations have increased in some areas, particularly in Rajasthan, Madhya Pradesh

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and Karnataka, due to a "significant increase in instances of rush

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according to an official statement, but this is primarily due to an unprecedented demand surge of up to 50% in the first fortnight of this month compared to the same period a year ago.

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