News Desk

The government of Bangladesh has announced a fresh increase in fuel oil prices, revising retail rates in line with changes in the global energy market. The new pricing structure will come into effect from Sunday (April 19), according to an official press release issued on Saturday, April 18.

Under the revised rates, octane will now be sold at Tk140 per liter, petrol at Tk135 per liter, and diesel at Tk115 per liter. The price of kerosene has also been adjusted upward to Tk130 per liter.

This latest revision marks a significant increase across all major fuel categories. Diesel, widely used in transport and agriculture, has seen a rise of Tk15 per liter compared to its previous price of Tk100. Octane has increased by Tk20 per liter from Tk120, while petrol has gone up by Tk19 per liter from Tk116.

Authorities stated that the adjustment reflects ongoing fluctuations in the international oil market, which have directly influenced import costs and domestic pricing decisions. The government regularly reviews fuel prices to align them with global trends and reduce fiscal pressure.

The price hike is expected to have a ripple effect across multiple sectors, particularly transportation, agriculture, and goods distribution. Industry stakeholders have expressed concern that the increased fuel costs may lead to higher production and transportation expenses, potentially contributing to inflationary pressure on essential commodities.

Consumers are also likely to feel the impact immediately, especially in urban transport fares and the cost of daily necessities. Transport operators may revise fares in response to the increased operational costs.

The government has not yet announced any subsidy measures or compensatory support to offset the burden on low-income groups following this adjustment.