Telangana fuel rush | 11,490 KL petrol, 18,449 KL diesel supplied on April 27; Civil Supplies Dept urges people not to hoard
Panic buying in Telangana has led to long queues at petrol pumps due to rumors of a fuel shortage and potential price hikes. The Civil Supplies Department has reported an unprecedented surge in fuel demand, with significant supplies being delivered to meet the needs. Authorities are monitoring the situation closely and have assured residents that fuel stocks remain adequate.
- ▪Panic buying was triggered by rumors of a price hike and supply disruptions in neighboring states.
- ▪On April 27, petrol supply reached 11,490 KL and diesel 18,449 KL in Telangana.
- ▪The Civil Supplies Commissioner has directed Oil Marketing Companies to scale up supply operations.
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Panic buying triggered by rumours of a price hike, diversion of bulk buyers to retail outlets and a spike in cross-border demand from neighbouring State of Andhra Pradesh and Maharashtra have led to an unprecedented rush at petrol pumps across Telangana, said the Telangana Civil Supplies department on Tuesday.In Hyderabad, long queues were observed outside petrol pumps on Tuesday, as panic buying and rumours of fuel shortage led to a surge in demand across the city for the second consecutive day.
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