Why Some Petrol Pumps Ran Dry on Monday in Gujarat, Triggering Panic Among Consumers
March 23, 2026
Japan K Pathak, Gandhinagar: While the government and oil company officials deny any oil supply constraints, the petrol pump owners and dealers have said that there have been supply issues since last Friday and they cumulatively resulted into dry outs at several pumps, resulting into widespread loca...
The strongest version of this narrative highlights a systemic strain in India's fuel supply chain, where rising crude prices and currency depreciation have forced oil companies to shift to advance payments, disrupting the traditional credit-based procurement system. Dealers' inability to process payments over the weekend exacerbated shortages, while oil companies' financial pressures—under-recoveries of ₹20-40 per litre—underscore the fragility of the current pricing stability. The government's ...