India has approximately 60 days of fuel stock cover, and one month's supply of LPG is readily available. There are no shortages of petrol, diesel, or LPG, and reports of shortages are a deliberate misinformation campaign aimed at creating panic buying.Amid reports of panic buying and long...
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crude oil supply
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Joint Secretary for the Ministry of Petroleum and Natural Gas, Sujata Sharma, stated that India is the fourth largest refiner in the world, which provides the country with assurance regarding the availability of products like petrol and diesel. Addressing the Inter-Ministerial briefing on recent...
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New Delhi, March 11 State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said...