Tag: Diesel

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 103.60 per litre of petrol in the State Capital while diesel is being sold at Rs 95.15 a litre. In Cuttack, customers are paying Rs 103.38 and Rs 94.93 per litre of petrol and diesel respectively.

Customers are reportedly paying Rs 103.01 per litre of petrol in the State Capital while diesel is being sold at Rs 94.68 a litre, an 8 paise reduction in price from Friday. In Cuttack, customers are paying Rs 103.28 and Rs 94.84 per litre of petrol and diesel respectively, a 26 paise fall from Friday.

On Saturday, almost every part of the State witnessed a marginal rise in fuel prices. While the Capital city Bhubaneswar witnessed an eight paise rise in Petrol prices taking it to 103.19 per litre, the millenium city of Cuttack saw a rise of 21 paise

Further, the Rs 23,250 per tonne additional tax on crude oil produced domestically has been cut to Rs 17,000 per tonne.

Deputy CM Devendra Fadnavis said the decision was part of the Shiv Sena-BJP government's commitment to people's welfare and would directly benefit the masses.

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.

Disruptions in the US Gulf Coast production following Hurricane Ida and other storms have led to sharp draws in the American and global inventories.

Fuel prices have been hovering at record levels on account of 41 increases in its retail rates since April this year.

Jharsuguda: Amidst outrage across the country over rising fuel prices, Union Petroleum Minister, Dharmendra Pradhan today urged Odisha Chief Minister, Naveen Patnaik to reduce VAT on petrol & diesel like other state governments. “The central government had already deducted excise duty on petrol and diesel a few months ago. Many states have started reducing the […]

  New Delhi: State-owned oil companies on Wednesday blamed a clerical error for announcing a cut of up to 60 paise in petrol and diesel prices and later clarified that the reduction in price will just be 1 paisa per litre each. “The reduction was supposed to be 1 paisa but due to a clerical […]

The week-long price pause comes after fuel prices increased on 41 days and remained unchanged on 44 days since May 1.

New Delhi/Bhubaneswar:  People will not have to go to filling station for diesel anymore as they can buy the fuel online soon. Oil marketing companies like Indian Oil, HPCL and BPCL are planning to start online retailing of diesel to cater to rural customers and commercial establishments. The companies are awaiting a final approval from […]

Bhubaneswar: Rejecting Centre’s plea, Odisha Finance Minister Sashi Bhusan Behera today said that Odisha Government will not reduce VAT on petrol and diesel. After cutting the excise duty by Rs 2 per litre on petrol & diesel, the Centre had urged all the States to cut sales tax or VAT by 5 per cent to […]

Bhubaneswar: In a move that could possibly help in taming spiraling prices, the Union Government on Tuesday announced a reduction in the basic excise duty levied on petrol and diesel. As per the decision, the basic excise duty rate on petrol and diesel (both branded and unbranded) will be reduced by Rs 2 per litre. […]