Fuel prices up Tk 1.0 per litre from today

The government has increased the prices of all four types of petroleum fuel by Tk 1 per litre, effective from today (February 1), according to a gazette notification from the Energy and Mineral Resources Division, reports UNB.

Under the new pricing, diesel and kerosene will now cost Tk 105 per litre, up from Tk 104. The price of octane has been set at Tk 126 per litre, up from Tk 125, while petrol will now cost Tk 122 per litre, up from Tk 121.

The price adjustment was made under the automated pricing formula, aligning local fuel prices with global market trends to ensure an uninterrupted supply of petroleum products at an economically viable rate, the Energy and Mineral Resources Division stated.