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Oil PSUs end dealer credit amid profit losses

18 Mar 2026 · 16:08 ISTafter close1 source ↓written by the desknot a recommendation

State-run oil companies have halted credit to petrol pump dealers, requiring same-day payment for fuel. This shift impacts around 90% of fuel stations in India, as dealers face cash flow challenges and may reduce fuel orders. The move reflects the industry's struggle with loss-making retail operations and aims to curb further losses.

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OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Mar 2026, 16:08 IST.

Sourcesnews.google.com

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Oil PSUs end dealer credit amid profit losses

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