Business

No Fuel: There may be a shortage of petrol and diesel today, pump dealers will not buy fuel in the fight for commission

Photo:PTI

Petrol Pump

Highlights

  • There is a tussle between pump dealers and oil companies regarding commission.
  • Pump dealers have decided not to buy oil on Tuesday
  • Petrol pump dealers in 22 states will join this protest

No Fuel: The Central Government may have given relief to the common people on petrol and diesel, but still it is possible that if you go to the oil filling pump today, then you will have to face trouble. In fact, there has been a tussle between the pump dealers and the oil companies regarding the commission. In such a situation, on Tuesday, the pump dealers have decided not to buy oil. This can affect 22 states of the country.

However, there is ample stock in the tanks of petrol pumps, so there is no apprehension of any disruption in the supply of petrol and diesel. The Petrol Pump Dealers Association said that its members in 22 states would join the protest.

What do pump dealers have to say

The association said in a statement, “An agreement was reached between the petroleum companies and the dealer associations that the margins of the dealers will be revised every six months. But it has not been amended since 2017. Though fuel prices have doubled since 2017, dealer margins have not changed.

What do the oil companies say

Officials say that petrol pumps do not need to take fuel daily to meet their daily requirement. There is so much stock in its storage tank, which can last for a few days.

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