The retail prices of fuel have maintained stability in Odisha on Tuesday. The petrol and diesel prices remained mostly unchanged in the capital city of Bhubaneswar and Cuttack.
Customers are reportedly paying Rs 103.22 per litre of petrol in the capital city of Bhubaneswar today while the selling price of diesel is Rs 94.70 a litre.
Similarly, petrol and diesel are being sold at Rs 103.54 and Rs 95.10 per litre respectively in Cuttack.
As per a fuel rate chart, petrol is being sold at 109.20 in Malkangiri. In Ganjam, petrol costs Rs 104.66 and in Sambalpur the petroleum product is priced at Rs 104.29. Similarly, the rate of petrol is 103.75 in Bhadrak and Rs 107.90 in Koraput.
The Centre on May 21 had announced a cut in excise duty on petrol by 8 per litre, and 6 rupees per litre on diesel to ease the burden of the common man.
Notably, India meets 80 per cent of its oil needs through imports. Retail rates are adjusted according to the global movement in crude prices.
Meanwhile, the government has decreased the price of commercial 19 kg LPG cylinders by Rs 135 per cylinder. However, there has been no change in the prices of 14.2 kg domestic LPG cylinders.