From 3.75 lakh to 3.06 lakh a day, Karnataka LPG demand drops as panic buying eases
Business

From 3.75 lakh to 3.06 lakh a day, Karnataka LPG demand drops as panic buying eases

Indian Express·4h ago·Neutral

What Happened

Karnataka's daily LPG bookings declined from 3.75 lakh to 3.06 lakh as panic buying eased following West Asia conflict fears, IOCL stated Thursday. Supply remains adequate and continuous. Delivery timelines are improving. Hospitals, schools, and transport prioritized. Oil companies conducted 3,700 inspections; 35 FIRs filed against hoarding and black marketing. Digital bookings reach 94.5 percent.

Key Entities

KarnatakaLPGIOCLSiddharth AgarwalWest Asia conflictpanic buyingblack marketing

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