Bangladesh raises fuel prices by BDT 20 per litre amid oil supply crisis
Dhaka, Sept. 21 -- The Bangladesh government has increased the prices of all types of fuel oil by BDT 20 per litre, citing a rise in international fuel prices amid the ongoing conflict in West Asia, mounting losses of the Bangladesh Petroleum Corporation (BPC), foreign exchange concerns and the risk of fuel smuggling.
The Bangladesh Energy and Mineral Resources Division said the revised prices were aimed at aligning domestic fuel prices with international market rates, reducing BPC's losses and maintaining price balance with neighbouring countries.
Under the revised rates, diesel will cost BDT 135 per litre, up from BDT 115, while the price of octane has been raised from BDT 145 to BDT 165 per litre. Petrol will now cost BDT 160 per lit...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.