PSU fuel pumps see sales surge as buyers shift from bulk, private retailers
New Delhi, May 29 -- Petrol and diesel sales at retail outlets run by state-owned oil marketing companies (OMCs) have risen sharply as customers shifted away from bulk fuel purchases and private retailers.
Speaking to reporters, Sujata Sharma, joint secretary, ministry of petroleum and natural said petrol demand has increased more than 30% in around 150 districts, while 14 districts have seen sales more than double in the past one month.
Diesel sales have also surged, with around 156 districts recording growth of over 30% and six districts witnessing more than 100% growth, Sharma said.
Sharp price hikes by private fuel retailers have also led to a diversion of their customers to the pumps of state-run OMCs, she added. According to Shar...
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