BP Blames Panic Buying for Fuel Shortage at U.K. Stations
- ‘Intense demand’ sees 30% of BP sites out of main fuels Sunday
- Shortage in truck drivers hitting companies across the U.K.
A BP Plc petrol station in Loughborough, U.K., on Sept. 24.
Photographer: Darren Staples/BloombergThis article is for subscribers only.
BP Plc, the second-largest fuel retailer in the U.K., said it has run out of the main grades at almost a third of its stations in the country following days of panic buying.
“With the intense demand seen over the past two days, we estimate that around 30% of sites in this network do not currently have either of the main grades of fuel,” BP said in a statement Sunday. The London-based company said most of its 1,200 sites in the U.K. remain supplied and open.