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Somatirtha Purohit

The prices of petrol and diesel have been considerably steady in Odisha and other parts of the country even as international crude prices slumped on concerns of a potential global recession.

Customers are reportedly paying Rs 103.01 per litre of petrol in the State Capital while diesel is being sold at Rs 94.58 a litre. In Cuttack, customers are paying Rs 103.54 and Rs 95.10 per litre of petrol and diesel respectively.

Similarly, petrol is being sold at Rs 109.20 in Malkangiri. In Ganjam, petrol costs Rs 104.49 and in Sambalpur.

Likewise, a litre of petrol now costs Rs 103.75 in Bhadrak and Rs 107.63 in Koraput.

Jet fuel (ATF) prices on Monday were cut by the steepest ever 12 per cent, the second reduction in as many weeks, on softening international oil prices amid recessionary fears.

Aviation turbine fuel (ATF) prices were cut by Rs 16,232.36 per kilolitre, or 11.75 per cent, to Rs 121,915.57 per kl in the national capital, a price notification of state-run retailers showed.

This is the steepest ever reduction in rates and follows a Rs 3,084.94 per kl (2.2 per cent) reduction effected on July 16.

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