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Govt, Oil Firms Confirm No Petrol, Diesel Shortage in India

India’s total reserve capacity stands at 74 days, while actual stock cover is currently about 60 days. It is currently sourcing more crude oil from over 41 global suppliers.

By Sanorita

27 Mar, 2026

2 min read

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The Ministry of Petroleum and Natural Gas has confirmed that there is no shortage of petrol, diesel, or LPG in the country, and the supply situation is “fully secure and under control.” The officials, along with state-run oil companies, have also urged the public to avoid panic buying and ignore misleading information because all fuel outlets are well-stocked and operational. India is not facing any fuel crisis, and no petrol pump has been instructed to ration supplies. While several countries around the world are dealing with rising fuel prices, India remains unaffected by such challenges. The government emphasises that there is no need for any emergency measures, as fuel availability remains adequate and uninterrupted.

Sufficient Reserves and Other Key Highlights

According to the Government, the supply of crude oil remains strong, with the country receiving it from over 41 countries, making up for any impact. Even Refineries are running above full capacity, and oil companies have secured supplies for the next 60 days. India currently has about 60 days of stock within a total capacity of 74 days, including strategic reserves.

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The government has also ensured that there is no shortage of LPG in the country, with a significant ramp-up in domestic production under the LPG Control Order. Refinery output has been increased by 40% to 50 TMT per day, meeting over 60% of total demand. Meanwhile, imports have been reduced to about 30 TMT daily. In addition, 800 TMT of LPG cargoes from countries such as the United States, Russia, and Australia are already on their way to India’s expanded network of 22 import terminals. With nearly a month’s supply secured and procurement ongoing, oil companies continue to deliver around 50 lakh cylinders daily, even as demand normalises following a brief spike due to panic ordering.

Fuel Prices Remain Unchanged

Despite turbulence in global supply chains due to geopolitical tensions, the prices of fuels in New Delhi are stable. Petrol continues to retail at Rs 94.77 per litre and diesel at Rs 87.67 as of March 26, 2026.

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