The Oil Marketing Companies (OMCs) effected as many as 14 hikes of petrol and diesel between March and April 6, putting the prices of the fuel on a higher side. The rise in the prices of petrol and diesel has hit the common man hard.
Though the prices of petrol and diesel have remained unchanged for more than a month now, the prices of the fuel have slightly changed in Cuttack on Saturday..
As per the latest report, customers are paying Rs 112.68 per litre of petrol in the capital city of Bhubaneswar today while diesel is sold at Rs 102.35 a litre.
Similarly, petrol and diesel are available at Rs 112.85 and Rs 102.58 per litre respectively in Cuttack.
Recently, the government has increased the price of 14.2 kg domestic LPG cylinder by Rs 50 with effect from May 7. The domestic cylinder will now cost Rs 999.50/cylinder.
India is 85 per cent dependent on imports for meeting its oil needs and so retail rates adjust accordingly to the global movement.