Oil retail outlets decry
Source: The Sangai Express

Imphal, April 30 2025: Oil retail outlets have expressed dissatisfaction with Indian Oil Corporation Limited (IOCL) supplying excess fuel to expand their market without consulting or informing them.

Reportedly, IOCL would typically check the stock levels of retail outlets at the end of each month without prior notice to the outlet officials and supply fuel to those with low stock to boost sales.

The excess fuel supplied to retail outlets has caused significant hardship for outlet officials, who are struggling to sell even the fuel they ordered.

Some retail outlet officials in Imphal told The Sangai Express that they are required to deposit payment for the fuel supplied by IOCL without informing them into the Corporation's account within three days.

They said that there is a Rs 10,000 fine for delayed payment and retail outlets facing three penalties would have their credit facilities cancelled.

Saying that selling more fuel would be beneficial to both IOCL and the retail outlets, they expressed desire for the Corporation to supply fuel after assessing stock levels and consulting them.

They cautioned that pressuring them could ultimately result in losses for both IOCL and the retail outlets.

While other oil companies also strive to increase sales, IOCL puts immense pressure on retail outlets to boost fuel sales, they complained.

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