Fuel supply delays hit BPCL, HPCL outlets amid panic buying fears
New Delhi, May 15 -- Petrol pump dealers across several states said state-run fuel retailers Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) are supplying lower-than-ordered quantities of petrol and diesel amid rising demand and panic buying triggered by fears of supply disruptions.
Dealers said fuel supplies from BPCL and HPCL over the past three weeks have been delayed by two to three days in some cases, while several outlets are receiving only around 80% of their usual orders. The supply strain comes even as petrol and diesel prices were raised by Rs.3 per litre each on Friday.
"Supply constraints are emerging now. There is a backlog of supplies at HPCL and BPCL pumps. Supplies are being delayed by about tw...
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