The government had observed a shortage of petrol and diesel in some states since last week. Subsequently, the Central Government had extended the scope of the Universal Service Obligation for Petrol Pump Operators. The government had appealed to the pump operators, especially in remote areas, to adhere strictly to these regulations and maintain an ample supply of fuel. However, even after this, scarcity-like conditions have prevailed in some states.
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In some places, private companies have shut down petrol pumps. This has increased the pressure on petrol pumps of government companies. Apart from that, the state-owned oil companies have also changed their business practices. Public sector Bharat Petroleum has started cash transactions. As a result, small petrol pump drivers are in trouble.
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In April-May, petrol and diesel sales of state-owned companies increased. During April-May 2022, HPCL’s petrol sales increased by 36.3 per cent over the previous year. During the same period, petrol sales of private companies declined by 1.6 per cent. The situation is similar with diesel. Diesel sales of state-owned companies increased by 26.9 per cent, while diesel sales declined by 28.9 per cent during the same period.
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Meanwhile, petroleum companies on Thursday, June 23, 2022 companies kept fuel prices ‘as is’. This brought relief to the vehicle owners. Today, for the 32nd day in a row, petrol and diesel prices have remained stable. The price of a liter of petrol in Mumbai today is Rs 111.35. In Delhi, petrol is priced at Rs 96.72. In Kolkata, petrol is priced at Rs 106.03 and in Chennai at Rs 102.63.
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