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Markets

Indian Oil Corp says diesel, gasoline sales up more than 13% in Apr 1-21

  • Sujata Sharma says India has sufficient stocks of diesel and gasoline
Published April 27, 2026 Updated April 27, 2026 06:46pm
By

NEW DELHI: Indian Oil Corp’s , the country’s top refiner and fuel retailers, sale of diesel and gasoline has surged more than 13% during April 1-26, 2026, its head of marketing, Saumitra Priya Srivastava, said in a post on social media platform X.

IOC, the country’s top fuel retailer and refiner, is meeting the local demand through its over 42,000 fuel stations, he said.

Diesel sales in some parts, mainly in southern Andhra Pradesh, surged by about 30% to 33%, leading to some retail outlets facing shortages, said Sujata Sharma, a joint secretary in the federal petroleum ministry.

Sharma said India has sufficient stocks of diesel and gasoline, while some retail outlets have experienced problems due to panic buying.

She said India is not expected to import diesel and gasoline to meet local demand.

Earlier in the day, the chief minister of Andhra Pradesh Chandrababu Naidu said in a post on X that action should be taken against anyone attempting to engage in black marketing or to create artificial shortages of diesel and gasoline.

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