Bangladesh, June 2 -- Bangladesh has increased retail fuel prices for the second time in six weeks, raising the cost of petrol and kerosene by 5 taka per litre.

The hike, effective from Monday, sets petrol at 140 taka ($1.15) per litre and kerosene at 135 taka per litre, while diesel - the country's most widely used fuel - remains unchanged at 115 taka per litre.

The Energy Ministry said the revised rates were determined in line with changes in international petroleum prices.

Bangladesh introduced an automatic fuel pricing mechanism in 2024, under which domestic fuel prices are periodically adjusted based on international fuel costs, exchange rate movements, and import expenses.

The latest increase follows a similar hike in April, af...