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The Economic Times
The Economic Times

Bulk buyers shifting to retail pumps behind fuel demand spike in parts of India

New Delhi: A sharp shift by bulk diesel consumers to retail petrol pumps due to a Rs 40-42 per litre price gap has led to a surge in fuel demand at some locations in India, although the government said supplies remain ample and stable.

Demand at some petrol pumps has risen 20-30 per cent, driven partly by the agricultural season and partly by bulk consumers moving purchases to retail pumps, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said.

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