Fuel Prices Fluctuate in Odisha’s Cities
Bhubaneswar Sees Slight Decrease in Petrol and Diesel Rates
Residents of Bhubaneswar, the capital city of Odisha, experienced a slight dip in fuel prices on Wednesday, February 19, 2025. Petrol prices were recorded at Rs 101.11 per liter, while diesel cost Rs 92.69 per liter. This marginal decrease in fuel rates offers a bit of relief to commuters in the city.
In contrast to Bhubaneswar, the city of Cuttack witnessed stable fuel prices over the past 24 hours. On February 19, 2025, petrol was priced at Rs 101.48 per liter, and diesel cost Rs 93.04 per liter. The steady prices in Cuttack provide a sense of consistency for consumers in the city.
Fuel Prices Across Major Indian Cities
Fuel prices vary across major cities in India. On February 19, 2025, petrol prices were recorded as follows:
- Kolkata: Rs 105.01 per liter
- Delhi: Rs 94.77 per liter
- Mumbai: Rs 103.50 per liter
- Chennai: Rs 100.80 per liter
Diesel Prices in Major Indian Cities
Similarly, diesel prices also differ across major Indian cities. On February 19, 2025, diesel prices were recorded as follows: - Delhi: Rs 87.67 per liter
- Kolkata: Rs 91.82 per liter
- Mumbai: Rs 90.03 per liter
- Chennai: Rs 92.39 per liter
Factors Influencing Fuel Prices.
Fuel prices in India are influenced by a multitude of factors, including global crude oil prices, taxes levied by the central and state governments, transportation costs, and currency exchange rates. These factors contribute to the dynamic nature of fuel prices in the country.
Impact of Fuel Prices on Consumers
Fluctuations in fuel prices have a direct impact on consumers, affecting their household budgets and transportation expenses. Changes in fuel rates can also have a ripple effect on the economy, influencing the cost of goods and services.
Government Policies and Fuel Prices
The government plays a crucial role in regulating fuel prices through taxation policies and subsidies. These interventions aim to balance the interests of consumers and oil companies while ensuring a stable and affordable fuel supply.
