STORY | India has 60 days of fuel stocks, govt says dismissing shortage reports as misinformationIndia has about 60 days of fuel stock cover, the government said on Thursday, adding that there is no shortage of petrol, diesel, or LPG, as it dismissed reports of shortages as a “deliberate misinformation campaign” aimed at triggering panic buying.The Ministry of Petroleum and Natural Gas said all petrol pumps across the country are adequately stocked and operating normally, with no rationing of petrol or diesel.India, the world’s fourth-largest refiner and fifth-largest exporter of petroleum products, has structurally assured domestic fuel availability and continues to supply refined fuels to over 150 countries, the ministry said in a statement.”Every Indian refinery (which turns crude oil into fuels like petrol and diesel) is running at over 100 per cent utilisation,” it said.”Crude oil supplies for the next 60 days have already been tied up by Indian oil companies. There is no supply gap.”READ: ptinews.com/story/business…
India has 60 days of fuel
