Concerns about LPG supply arose amid geopolitical tensions affecting global energy supply chains. As consumers began to worry about the availability and booking of LPG cylinders, clarity on the existing rules became crucial.

In response to these concerns, the Ministry of Petroleum and Natural Gas has confirmed that no changes have been made to the LPG booking rules. Consumers with two LPG cylinders can continue to book a gas cylinder after 35 days, while those enrolled in the Ujjwala Yojana can book after 45 days. For households using a 10 kg composite domestic cylinder, bookings will be accepted after 18 days.

Furthermore, the Ministry emphasized that existing refill booking timelines remain unchanged and continue to function under the current time limit. Reports claiming revised timelines for LPG bookings are incorrect, as stated by the Indian Oil Corporation.

For single-cylinder households, the booking timelines vary based on location: urban households can book after 25 days, while rural households must wait 45 days. This distinction aims to accommodate the differing needs of consumers in various regions.

Additionally, it is important to note that commercial cylinders are supplied only for emergency services and educational institutions, highlighting the prioritization of essential services during times of high demand.

Consumers can conveniently book LPG cylinders through various methods, including phone, SMS, or WhatsApp, ensuring accessibility for all. This multi-channel approach is designed to streamline the booking process and reduce the burden on consumers.

As the situation evolves, observers and officials are closely monitoring the energy supply landscape. They anticipate that the current rules will remain in place unless significant changes in global energy dynamics necessitate a reevaluation.

Details remain unconfirmed regarding any future adjustments, but for now, consumers can rely on the established booking timelines to meet their LPG needs.

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The panic buying of petrol in Ahmedabad has created long queues at fuel stations, causing significant concern among residents. This situation arose amidst a backdrop of misinformation related to the ongoing conflict in West Asia, which has raised global fears about oil supply disruptions. As a result, many citizens rushed to fill their tanks, leading to a temporary shortage at various petrol pumps across the city.

In response to the growing anxiety, the state government has reassured the public that there is sufficient stock of petrol and diesel available in Gujarat. Deputy Chief Minister Harsh Sanghavi emphasized, “There is enough stock of petrol and diesel available in the state and so people need not do hoarding or panic.” This statement aims to quell fears and encourage residents to refrain from unnecessary panic buying.

The Indian Oil Corporation has also confirmed that adequate fuel supplies are present in the region. Sujata Sharma, a spokesperson for the corporation, stated, “These are not dry outs. We have checked it from the field and all petrol pumps are working normally and adequate fuel is available at all such facilities.” This assurance is crucial for restoring public confidence in the fuel supply chain.

Despite these reassurances, approximately 30-40% of retail outlets in Gujarat are currently facing supply issues due to logistical difficulties. The panic was further exacerbated by a sudden change in payment systems implemented by oil marketing companies, which was a response to the refining losses they have been experiencing. The price of crude oil has surged from USD 60 to USD 118-120 per barrel, adding to the complexities of the situation.

Fuel retailers have indicated that India maintains a 70-day reserve of crude oil, suggesting that there is no immediate shortage. However, the advance payment policy for fuel dealers has raised concerns among consumers, leading to further confusion and panic. Harsh Sanghavi reiterated the government’s commitment to ensuring fuel availability, stating, “The government is fully prepared to ensure that petrol and diesel are available at all pumps.”

As misinformation continues to circulate, particularly through social media platforms, officials are urging the public to remain calm and not pay attention to rumors. Harsh Sanghavi advised, “People should not pay attention to rumours being spread through social media or WhatsApp.” The government is closely monitoring the fuel supply situation and is holding regular review meetings to address any emerging issues.

In summary, while the panic buying in Ahmedabad has created a temporary disruption at some petrol stations, government officials and fuel suppliers are working to ensure that adequate supplies remain available. As the situation evolves, authorities are focused on restoring normalcy and preventing further panic among residents.

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The panic buying of petrol in Ahmedabad has created long queues at fuel stations, causing significant concern among residents. This situation arose amidst a backdrop of misinformation related to the ongoing conflict in West Asia, which has raised global fears about oil supply disruptions. As a result, many citizens rushed to fill their tanks, leading to a temporary shortage at various petrol pumps across the city.

In response to the growing anxiety, the state government has reassured the public that there is sufficient stock of petrol and diesel available in Gujarat. Deputy Chief Minister Harsh Sanghavi emphasized, “There is enough stock of petrol and diesel available in the state and so people need not do hoarding or panic.” This statement aims to quell fears and encourage residents to refrain from unnecessary panic buying.

The Indian Oil Corporation has also confirmed that adequate fuel supplies are present in the region. Sujata Sharma, a spokesperson for the corporation, stated, “These are not dry outs. We have checked it from the field and all petrol pumps are working normally and adequate fuel is available at all such facilities.” This assurance is crucial for restoring public confidence in the fuel supply chain.

Despite these reassurances, approximately 30-40% of retail outlets in Gujarat are currently facing supply issues due to logistical difficulties. The panic was further exacerbated by a sudden change in payment systems implemented by oil marketing companies, which was a response to the refining losses they have been experiencing. The price of crude oil has surged from USD 60 to USD 118-120 per barrel, adding to the complexities of the situation.

Fuel retailers have indicated that India maintains a 70-day reserve of crude oil, suggesting that there is no immediate shortage. However, the advance payment policy for fuel dealers has raised concerns among consumers, leading to further confusion and panic. Harsh Sanghavi reiterated the government’s commitment to ensuring fuel availability, stating, “The government is fully prepared to ensure that petrol and diesel are available at all pumps.”

As misinformation continues to circulate, particularly through social media platforms, officials are urging the public to remain calm and not pay attention to rumors. Harsh Sanghavi advised, “People should not pay attention to rumours being spread through social media or WhatsApp.” The government is closely monitoring the fuel supply situation and is holding regular review meetings to address any emerging issues.

In summary, while the panic buying in Ahmedabad has created a temporary disruption at some petrol stations, government officials and fuel suppliers are working to ensure that adequate supplies remain available. As the situation evolves, authorities are focused on restoring normalcy and preventing further panic among residents.

The post Petrol shortage in ahmedabad: What is Causing the ? appeared first on yesdaidanews.com.

The panic buying of petrol in Ahmedabad has created long queues at fuel stations, causing significant concern among residents. This situation arose amidst a backdrop of misinformation related to the ongoing conflict in West Asia, which has raised global fears about oil supply disruptions. As a result, many citizens rushed to fill their tanks, leading to a temporary shortage at various petrol pumps across the city.

In response to the growing anxiety, the state government has reassured the public that there is sufficient stock of petrol and diesel available in Gujarat. Deputy Chief Minister Harsh Sanghavi emphasized, “There is enough stock of petrol and diesel available in the state and so people need not do hoarding or panic.” This statement aims to quell fears and encourage residents to refrain from unnecessary panic buying.

The Indian Oil Corporation has also confirmed that adequate fuel supplies are present in the region. Sujata Sharma, a spokesperson for the corporation, stated, “These are not dry outs. We have checked it from the field and all petrol pumps are working normally and adequate fuel is available at all such facilities.” This assurance is crucial for restoring public confidence in the fuel supply chain.

Despite these reassurances, approximately 30-40% of retail outlets in Gujarat are currently facing supply issues due to logistical difficulties. The panic was further exacerbated by a sudden change in payment systems implemented by oil marketing companies, which was a response to the refining losses they have been experiencing. The price of crude oil has surged from USD 60 to USD 118-120 per barrel, adding to the complexities of the situation.

Fuel retailers have indicated that India maintains a 70-day reserve of crude oil, suggesting that there is no immediate shortage. However, the advance payment policy for fuel dealers has raised concerns among consumers, leading to further confusion and panic. Harsh Sanghavi reiterated the government’s commitment to ensuring fuel availability, stating, “The government is fully prepared to ensure that petrol and diesel are available at all pumps.”

As misinformation continues to circulate, particularly through social media platforms, officials are urging the public to remain calm and not pay attention to rumors. Harsh Sanghavi advised, “People should not pay attention to rumours being spread through social media or WhatsApp.” The government is closely monitoring the fuel supply situation and is holding regular review meetings to address any emerging issues.

In summary, while the panic buying in Ahmedabad has created a temporary disruption at some petrol stations, government officials and fuel suppliers are working to ensure that adequate supplies remain available. As the situation evolves, authorities are focused on restoring normalcy and preventing further panic among residents.

The post Petrol shortage in ahmedabad: What is Causing the ? appeared first on yesdaidanews.com.

In Gujarat, recent operational changes in fuel distribution have led to disruptions, causing panic buying at petrol pumps. Rumors of a fuel shortage prompted residents to rush to refuel their vehicles, with reports of families calling relatives to fill their tanks.

In response to the situation, the Gujarat government has assured citizens that there is sufficient stock of petrol and diesel available across the state. Mona Khandhar, a government representative, stated, “Sufficient quantities of petrol and diesel are available at all petrol pumps in the state as per requirement.” This reassurance aims to quell the rising anxiety among the public.

The Indian Oil Corporation has confirmed that supplies to retail outlets are continuing smoothly, further alleviating fears of a shortage. However, some petrol pumps have imposed temporary rationing due to increased demand, limiting purchases to 200 liters for two-wheelers.

Dealers have reported that operational changes have led to disruptions in fuel distribution, with Mehul Patel, a dealer, explaining, “Earlier, dealers would pay after receiving fuel deliveries. Now, payments have to be made in advance as companies require liquidity.” This shift has affected the replenishment cycles at some petrol pumps.

In light of the situation, the state government has warned that legal action will be taken against dealers who keep their pumps closed despite having stock available. Citizens have been urged not to panic or queue at petrol stations, as adequate fuel is still on hand.

Despite the disruptions, the President of the Petroleum Dealers Association of India reassured the public, stating, “There is no fuel shortage in Gujarat and none is expected in the future.” This statement aims to restore confidence among consumers and prevent further panic buying.

As the situation unfolds, observers are closely monitoring the fuel distribution process to ensure that supplies remain steady and that any operational issues are resolved promptly. The government and industry leaders are committed to maintaining a smooth flow of fuel to meet the needs of the public.

Details remain unconfirmed regarding the long-term impacts of these operational changes, but officials are optimistic that the situation will stabilize soon.

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What is the latest on petrol news today in Gujarat and Bangladesh? Recent events have raised concerns about fuel availability in both regions, prompting a mix of panic buying and official reassurances.

In Gujarat, social media rumors have led to long queues at petrol pumps, with some individuals waiting up to five hours to fill their tanks. However, authorities have confirmed that there is no actual shortage of petrol or diesel in the state. Dhimant Ghelani from the Federation of Gujarat Petroleum Dealers Association stated, “There is no actual shortage of petrol or diesel in the state.”

Officials have also indicated that the situation is expected to normalize within this week itself. Temporary disruptions in the supply chain were attributed to recent holidays, which affected fuel distribution. In response, the Indian Oil Corporation (IOC) has introduced adjustments in lifting norms to ensure smoother fuel distribution in Gujarat.

Meanwhile, the situation in Bangladesh is more precarious. The Bangladesh Petrol Pump Owners’ Association has warned of potential petrol pump shutdowns due to ongoing fuel shortages. Many petrol pumps in Dhaka and other areas have remained closed, exacerbating the situation.

The fuel crunch in Bangladesh is linked to global supply disruptions tied to tensions in West Asia, which have further complicated the availability of fuel. Panic buying has been reported in both Gujarat and Bangladesh as consumers rush to secure fuel amid fears of shortages.

In Gujarat, two dealers can collectively procure up to 20,000 litres of fuel at a time, indicating that while supply is adequate, consumer behavior is significantly influenced by rumors and misinformation.

Details remain unconfirmed regarding the broader implications of the fuel situation in Bangladesh. As authorities work to address these challenges, the focus remains on restoring normalcy and ensuring that consumers have access to necessary fuel supplies.

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On March 16, 2026, the Indian Oil Corporation (IOC) saw its shares drop by 5.3%, closing at ₹148.15. This decline is part of a broader trend affecting major oil marketing companies (OMCs) in India, including Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL), which also faced significant share price reductions of 5% and 4.7%, respectively.

In the weeks leading up to this decline, the stocks of these companies had already been under pressure, with an overall drop of as much as 18% observed over the past month. The decline coincides with rising crude oil prices, as Brent crude was trading near $105 per barrel and U.S. benchmark crude gained 1% to $99.68 per barrel on the same day.

Market analysts have pointed to several factors contributing to this situation. HSBC downgraded IOC to a ‘Hold’ rating, reducing its price target from ₹200 to ₹150, reflecting concerns over the company’s future earnings potential amid rising crude prices. HDFC Securities maintained a buy recommendation for all OMCs but acknowledged that the near-term margin picture for these companies has weakened.

According to HDFC Securities, “With integrated margin under pressure and share of refining margin in overall integrated margin increasing, companies with higher earnings sensitivity to marketing margins will be the most negatively impacted.” This statement underscores the challenges facing IOC and its peers as they navigate a volatile market.

Further complicating the situation, analysts from Elara noted that at the current Brent price of $100 per barrel, earnings for these companies could drop sharply by approximately 90-190% unless there are retail price hikes, tax cuts, or higher subsidies for liquefied petroleum gas (LPG). This highlights the precarious balance OMCs must maintain between crude prices and retail fuel prices.

The impact of rising crude prices is particularly significant given that every $1 per barrel increase in gross refining margin raises annual earnings per share (EPS) by 11% for IOC, 9% for BPCL, and 7% for HPCL. However, with transportation fuel prices at the retail level remaining unchanged, the pressure on margins is likely to continue.

As of now, the situation remains fluid, with investors closely monitoring the developments in crude oil prices and their implications for the OMCs. The Strait of Hormuz has effectively shut to traffic, leading to prolonged disruption of global oil flows, which could further exacerbate the challenges faced by these companies. The current state of IOC shares and the broader oil market will be crucial for stakeholders in the coming weeks.

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On March 16, 2026, the Indian Oil Corporation (IOC) experienced a notable drop in its share price, falling by 5.3% to ₹148.15. This decline was part of a broader trend affecting major oil marketing companies (OMCs) in India, including Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL), which saw their shares decline by 5% to ₹350.50 and 4.7% to ₹304.15, respectively.

Over the past month, these stocks have collectively declined by as much as 18%, indicating a significant shift in investor sentiment. The backdrop to this decline includes rising crude oil prices, with Brent crude trading near $105 per barrel and U.S. benchmark crude gaining 1% to $99.68 per barrel. Such price increases have put pressure on the margins of OMCs, which are struggling to maintain profitability amidst stagnant retail fuel prices.

HSBC’s recent downgrade of IOC to a ‘Hold’ rating, coupled with a reduction in its price target from ₹200 to ₹150, has further fueled concerns among investors. This adjustment reflects the growing apprehension about the company’s ability to navigate the current market landscape effectively. In contrast, HDFC Securities has maintained its buy recommendation on all OMCs, suggesting that despite the challenges, there may still be long-term value in these stocks.

Analysts have pointed out that the integrated margin for OMCs is under pressure, particularly as the share of refining margin within the overall integrated margin has been increasing. HDFC Securities noted that companies with higher earnings sensitivity to marketing margins would be the most negatively impacted by these market conditions. This sentiment is echoed by Elara, which warned that at current Brent prices, earnings could drop sharply by approximately 90-190% unless there are retail price hikes, tax cuts, or increased subsidies for liquefied petroleum gas (LPG).

The near-term margin picture for OMCs has weakened significantly, as crude prices have surged while transportation fuel prices at the retail level have remained unchanged. This disconnect between crude oil prices and retail fuel prices poses a significant risk to the profitability of companies like IOC, HPCL, and BPCL.

HDFC Securities also highlighted the sensitivity of earnings to changes in gross refining margins, stating that every $1 per barrel increase in gross refining margin raises annual earnings per share (EPS) by 11% for IOC, 9% for BPCL, and 7% for HPCL. This metric underscores the importance of refining margins in determining the financial health of these companies.

The situation is further complicated by geopolitical factors, including the ongoing disruption of global oil flows due to the Strait of Hormuz being effectively shut to traffic. This disruption has added to the volatility in oil prices and has created an uncertain environment for OMCs operating in India.

As of now, the market remains cautious, with investors closely monitoring the developments in crude oil prices and the potential responses from the Indian government regarding fuel pricing and subsidies. The future trajectory of IOC shares and those of its competitors will largely depend on how these factors evolve in the coming weeks.

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Indian Oil Corporation Limited (IOCL) has assured consumers that fuel supply across the country remains uninterrupted. All fuel stations nationwide are fully operational with adequate stocks of petrol, diesel, and other petroleum products. Consumers have been advised to rely only on verified information and continue refuelling as usual.

Recruitment Drive for Apprentices

In addition to ensuring fuel availability, IOCL has released the IOCL Apprenticeship Recruitment 2026 notification, aiming to fill 405 apprentice posts. This recruitment drive is designed to engage trade, technician, and graduate apprentices under the Apprentices Act.

To apply for the apprenticeship programme, candidates must meet specific educational and age requirements as outlined in the official notification. The minimum age to apply is 18 years, while the maximum age is set at 24 years.

Interim Dividend Announcement

Furthermore, Indian Oil Corporation Ltd has announced an interim dividend of Rs. 2.00 per share, with both the ex-date and record date set for 12 March 2026. This announcement reflects the company’s ongoing commitment to its shareholders.

The apprenticeship programme provides candidates with hands-on training in technical and operational roles within IOCL facilities, contributing to the development of skilled professionals in the oil and energy sector.

As IOCL continues to navigate its operational commitments and recruitment initiatives, details remain unconfirmed regarding any further developments in the apprenticeship programme or additional dividend announcements.

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Indian Oil Corporation Limited (IOCL) has assured that fuel supply across the country remains uninterrupted. All fuel stations nationwide are fully operational with adequate stocks of petrol, diesel, and other petroleum products. Consumers have been advised to rely only on verified information and continue refuelling as usual.

Apprenticeship Recruitment for 2026

In addition to ensuring fuel supply, IOCL has released the IOCL Apprenticeship Recruitment 2026 notification for 405 apprentice posts. This recruitment drive aims to engage trade, technician, and graduate apprentices under the Apprentices Act. Candidates must meet educational and age requirements specified in the official notification to apply for the apprenticeship programme.

The minimum age to apply for the apprenticeship is 18 years, while the maximum age is set at 24 years. The apprenticeship programme provides candidates with hands-on training in technical and operational roles within IOCL facilities.

Interim Dividend Announcement

Furthermore, Indian Oil Corporation Ltd announced an interim dividend of Rs. 2.00 per share, with both the ex-date and record date set for 12 March 2026. This announcement reflects the company’s ongoing commitment to its shareholders.

As IOCL continues to navigate the complexities of the oil and energy sector, it remains focused on both operational stability and workforce development. Details remain unconfirmed regarding any future changes in fuel supply or additional recruitment initiatives.

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