Bhubaneswar: VAT increase on oil by state government. 26 to 32 percent has increased on the petrol price. As a result, petrol prices have been hiked by Rs 3.11 per liter. After the increase in VAT, petrol prices in Bhubaneswar will be Rs 71.69 per liter. Like that in diesel, 26 to 28 percent of VAT has increased by state government. After the increase in VAT, diesel prices in Bhubaneswar will be will be increased by Rs 1.3p per liter. In Bhubaneswar, diesel is now priced at Rs 67.73 per liter.