Petrol dealers: No signs of panic buying or hoarding - News Summed Up

Petrol dealers: No signs of panic buying or hoarding


PETALING JAYA: There is no unusual hoarding or panic buying of fuel at petrol stations nationwide, says the Petrol Dealers Association of Malaysia (PDAM). While there has been a shift in demand recently, it said the rising demand is entirely seasonal and driven by the Hari Raya Aidilfitri festive period. “We have not observed any widespread stockpiling or unusual hoarding behaviour. On measures to prevent bulk buying or hoarding, PDAM said its dealers strictly adhere to long-standing guidelines set by the Domestic Trade and Cost of Living Ministry (KPDN) to prevent leakage and ensure fair distribution. Meanwhile, KPDN said only those holding special permits are allowed to purchase petrol or diesel in containers at petrol stations.


Source: The Star March 26, 2026 00:29 UTC



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