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.
Fuel prices are very sensitive to global crude prices. We have been seeing an uptick in global crude prices, which has also pushed petrol and diesel rates in Odisha higher. Also, prices of the petroleum product have now been aligned to market rates. This means fuel price will rise each time, global crude prices rise and the rupee falls against the dollar.
While petrol price at Angul remained same as Friday (Rs 104.71), in Balasore it is sold at Rs 103.95. Petrol price in Bargarh is Rs 103.85. It is sold at Rs 104.05 in Bhadrak, Rs 105.91 at Bolangir, Rs 103.98 at Dhenkanal, Rs 103.77 in Jajpur, Rs 104.84 in Keonjhar and Rs 103.44 in Puri.
As far as the twin cities of Cuttack and Bhubaneswar is concerned, the petrol is being sold at Rs 103.19 and Rs 103.59 in Bhubaneswar and Cuttack respectively.
Similarly Diesel is being sold at Rs 96.22 in Angul, at Rs 95.41 in Bargarh, at Rs 95.60 in Bhadrak, at Rs 95.52 in Dhenkanal, at Rs 95.29 in Jajpur, Rs 96.32 in Keonjhar, Rs 99.24 in Koraput and Rs 100.29 in Malkangiri.
The diesel price in Cuttack on Saturday is Rs 95.14 and Rs 94.76 in Bhubaneswar.