The government, in a move late on Friday, revised the prices of fuel oils in Bangladesh market, raising the prices of petrol, diesel, octane and kerosene by almost 50 per cent.
The prices of diesel and kerosene were raised to Tk 114 per litre from Tk 80, the price of petrol was raised to Tk 130 per litre from Tk 86 while the price of octane was raised to Tk 135 per litre from Tk 89.
A press release signed by Mir Mohammad Aslam Uddin, the deputy information officer of the ministry of power, energy and mineral resources, said that the decision would be effective from 12:00am Saturday.
The press release said that due to high prices in the international market, many countries had to revise energy prices.
On May 22, neighbouring India set the price of per litre of diesel at Rs 92.76 and petrol at Rs 106.03, which has remained effective till now. The press release said that it was equivalent to Tk 114.09 and Tk 130.42 respectively.
It added that Bangladesh Petroleum Corporation counted Tk 8,014 crore between February 22 and July 31.
