News on fuel scarcity
Here are some recent news updates on fuel scarcity:
Nigeria:
- The Nigerian National Petroleum Corporation (NNPC) has announced that it has taken measures to address the ongoing fuel scarcity in the country. (Source: Vanguard News)
- The scarcity has led to long queues at fuel stations and increased prices of petroleum products. (Source: Premium Times)
- The NNPC has attributed the scarcity to a combination of factors, including a shortage of foreign exchange, pipeline vandalism, and a decline in crude oil production. (Source: This Day Live)
India:
- India is facing a fuel scarcity due to a shortage of diesel and petrol, with many states reporting long queues at fuel stations. (Source: The Hindu)
- The scarcity is attributed to a combination of factors, including a decline in oil production, a shortage of refined petroleum products, and a surge in demand. (Source: Business Standard)
- The Indian government has announced measures to address the scarcity, including increasing the allocation of diesel and petrol to states and relaxing rules on fuel imports. (Source: The Economic Times)
South Africa:
- South Africa is facing a fuel scarcity due to a shortage of diesel and petrol, with many fuel stations running out of stock. (Source: News24)
- The scarcity is attributed to a combination of factors, including a decline in oil production, a shortage of refined petroleum products, and a surge in demand. (Source: Business Day)
- The South African government has announced measures to address the scarcity, including increasing the allocation of diesel and petrol to states and relaxing rules on fuel imports. (Source: The Times of South Africa)
Global:
- The global fuel market is facing a shortage of refined petroleum products, including diesel and petrol, due to a combination of factors including a decline in oil production, a surge in demand, and disruptions to supply chains. (Source: Bloomberg)
- The International Energy Agency (IEA) has warned that the global fuel market is facing a "perfect storm" of challenges, including a shortage of refined petroleum products, a decline in oil production, and a surge in demand. (Source: Reuters)
- The IEA has called on oil-producing countries to increase production to address the shortage and prevent a global fuel crisis. (Source: The Guardian)