Diesel Price in Odisha

In Odisha, diesel prices are updated every day at 6:00 AM using a flexible pricing model. These prices are heavily impacted by various factors, including market demand and supply, geopolitical developments, the exchange rate of the Indian Rupee against the US dollar, and fluctuations in global crude oil prices.

• Geopolitical events
• Taxes (VAT, Excise Duty, etc.)
• Natural disasters
• Supply and demandGovernment subsidies
• Global crude oil prices
• Dealer commissions Currency exchange rate

In Odisha, diesel is generally priced lower than petrol. The table below provides a comparison of the most recent prices for both fuels, helping you to identify the cost differences and effectively manage your fuel expenditures.

• Dealer Commissions: The earnings of diesel station operators from fuel sales are factored into diesel pricing. This commission is vital for their operational viability in Odisha.
• Inflation Buffer: A margin is included to account for potential future increases in crude oil prices or refining costs in Odisha.
• Excise Duty and Road Tax: The Indian government levies excise duties and road taxes on diesel, which significantly affect the overall retail price in Odisha.
• OMC Refining Costs: These refer to the expenses incurred by oil marketing companies in the process of refining crude oil into fuel and other products in Odisha.
• VAT or Sales Tax: State governments impose sales taxes or VAT on diesel, leading to considerable variations in the final price consumers pay across different states.
• Global Crude Oil Prices: The international cost of crude oil plays a crucial role in determining diesel prices. Changes in crude oil prices have a direct impact on the diesel costs in Odisha.

Here is the latest diesel price in Odisha: