The fuel prices remained stable on Saturday in Odisha including the Twin Cities of Bhubaneswar and Cuttack.
With the Centre announcing an excise duty cut on petrol by a record Rs 8 per litre and on diesel by Rs 6 per litre, customers are reportedly paying Rs 103.19 per litre of petrol in the capital city of Bhubaneswar today while diesel is available at Rs 94.76 a litre.
Similarly, petrol and diesel are sold at Rs 103.28 and Rs 94.84 per litre respectively in Cuttack.
As per a fuel rate chart, petrol is being sold at the highest price of Rs 108.91 in Malkangiri. In Ganjam, petrol costs Rs 104.37 a litre and Rs 103.61 in Sambalpur. Similarly, the rate of petrol is 103.75 in Bhadrak and Rs 107.82 in Koraput.
The Centre on May 21 had announced a cut in excise duty on fuel 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.