More Stories

Informist, Wednesday, Mar. 25, 2026

--BPCL: Rumours of petrol, diesel shortage completely unfounded 

--BPCL: Have adequate stocks of crude oil, petrol, diesel, ATF 

--BPCL: Supply chains are operating smoothly without any disruption 

NEW DELHI – State-owned oil marketing company Bharat Petroleum Corp. Ltd. Wednesday refuted rumours of petrol and diesel shortage, saying India has ample fuel reserves. "We have adequate stocks of crude oil, petrol, diesel, and ATF (aviation turbine fuel). Supply chains are operating smoothly without any disruption," the company said in a social media post.

Social media is rife with anxiety among Indians around potential snags in the supply of liquefied petroleum gas and crude oil as the military conflict in West Asia rages on with no end in sight. However, Indian government officials, through their daily inter-ministerial briefings, have been assuaging concerns by assuring the availability of supplies in a bid to reduce public anxiety.
 

"Citizens are advised not to panic or engage in unnecessary buying. Fuel availability remains stable and sufficient," Bharat Petroleum said in its post. India relies heavily on imported crude oil to meet its daily needs. India imports around 60% of its LPG needs, mainly from West Asia, where Iran continues to face aerial bombardment from US-Israeli strikes since Feb. 28. Most of India's imported LPG transits through the Strait of Hormuz, which has been effectively shut by Tehran as the conflict has seen attacks on other nations in the Persian Gulf such as Qatar, Saudi Arabia, and Kuwait.

Currently, 20 Indian ships are stuck in the Persian Gulf west of the Strait of Hormuz. Late Monday, two India-flagged liquefied petroleum gas carriers, Pine Gas and Jag Vasant, crossed the crucial chokepoint safely, the ministry had said on Tuesday. "India has nearly 100,000 petrol pumps and nearly all are operating normally," a top government official had said. 

For the December quarter, BPCL had reported a net profit of INR 75.45 billion on revenue of INR 1.37 trillion. At 1123 IST, shares of the company traded 0.7% higher at INR 284.25 on the National Stock Exchange.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Anand JC

Edited by Avishek Dutta

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.