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Maroc Maroc - HINDUSTANTIMES.COM - Lucknow News - 25/Mar 23:02

Social media rumours fuel panic buying in some UP districts; situation normal in Lucknow

The concern also stemmed from changes in the payment system for petrol and diesel dealers. Petrol pump operators said a recent directive by oil companies to end the credit (sale period) system and shift to advance payments has altered supply dynamics. Dealers can now procure only as much petrol and diesel as they pay for upfront. Earlier, pumps were allowed to stock fuel and settle payments after sales, ensuring fuller reserves.

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