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Fuel prices edge up by Rs 3 as Indian Oil runs refineries nonstop to prevent any retail shortage
Economy
Published on 15 May 2026
Refineries hit over 100 percent capacity to block shortages
Indian Oil says domestic petrol and diesel rose only marginally—about Rs 3 per litre—after global pressures, with the company maintaining supply security by running its refineries at more than 100% capacity. IOCL Director (Refineries) Arvind Kumar said 10 refineries are operating round the clock to avoid any “crisis” at retail outlets. Separately, IOCL is backing long-term energy shifts, including providing two hydrogen-powered buses to Delhi Metro that run with green hydrogen from its Faridabad R&D centre.
- Petrol and diesel prices were hiked by Rs 3 per litre across India
- IOCL says 10 refineries are operating round the clock
- Refineries are running at more than 100% capacity to prevent shortages
- Delhi Metro received two hydrogen-powered buses for Central Vista route
- Buses seat 35 passengers and use GPS tracking plus CCTV
- Hydrogen is refilled from IOCL’s green hydrogen production in Faridabad
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times