Petrol pump dealers have put on hold their proposed strike after oil companies increased their diesel supply marginally in the last week. “They have been supplying about 15-25 per cent additional diesel. This has eased the shortage slightly,” said Baba Dhumal, president of the District Petrol Pump Dealers’ Association.
Last week, Dhumal had said pumps were running losses because oil companies were not supplying enough diesel. On Monday, pump dealers and oil companies will meet to discuss further ways to bridge the demand-supply gap.
A number of factors, such as preparations for the Commonwealth Youth Games, have spiked he demand. “Also, load shedding was responsible for additional demand in the last few months. IT and other companies were buying a lot of diesel to keep their generators running. This has reduced in the past few weeks,”
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