Bhubaneswar residents have some relief as fuel prices witness a marginal dip, providing a minor respite amid the fluctuating cost of living.
As of December 30, 2024, petrol in Bhubaneswar is priced at ₹100.93 per litre, while diesel stands at ₹92.51 per litre. Both rates reflect a decrease of 0.18 paise over the previous 24 hours.
The revised prices align with periodic adjustments in fuel costs, influenced by global crude oil prices and domestic taxation policies. Bhubaneswar’s updated rates remain competitive when compared to other major Indian cities:
The modest drop in fuel prices is expected to ease the burden on daily commuters and businesses that rely heavily on transportation. For many, even a small reduction in fuel costs can translate to significant savings over time. Auto-rickshaw drivers, delivery services, and logistics companies stand to benefit the most from this adjustment.
Fuel prices in India are revised daily based on the 15-day rolling average of international crude oil rates and foreign exchange rates. Variations in state taxes and transportation costs also contribute to regional price differences.
Experts believe that ongoing global market trends and domestic policy decisions will continue to influence fuel prices in the coming months.
Bhubaneswar residents, like others across the country, are encouraged to monitor these changes closely and plan accordingly.
Stay tuned for more updates on fuel price trends and their broader implications.
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