Future tense? Private fuel retailers may be scraping last of growth barrel

With upsides to growth via retail outlets now capped, private oil companies might look to further increase their share of the bulk diesel category, which uses the render process for procurement

Private fuel retailers in the country saw sequential market share growth in the quarter ended December 2017. However, this could well be the saturation point for them. With upsides to growth via retail outlets now capped, private oil companies might look to further increasing their share of the bulk diesel category, which uses the render process for procurement.

According to the latest data compiled from various industry sources, private fuel retailers’ current share of the petrol market is 7.11 per cent, higher than the 6.94 per cent in November last year. Similarly, in the diesel category, they control 8.58 per cent