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Price of diesel, octane, petrol, kerosene increased, effective from June 1
Price of diesel, octane, petrol, kerosene increased, effective from June 1
Dhaka, May 30 - The government has further increased retail prices of diesel, kerosene, petrol, and octane for the month of June.
As per a gazette notification on Thursday, the prices of diesel and kerosene have been raised by Tk 0.75 to Tk 107.75 per litre from the existing Tk 107. The price of petrol has been set at Tk 127 per litre, up by Tk 2.50 from Tk 124.50 per litre. Similarly, the price of octane has been set at Tk 131 per litre, up by Tk 2.50 from Tk 128.50 per litre.
The new prices will come into effect on June 1.
Earlier, fuel prices were increased for the month of May.
The Energy and Mineral Resources Division set the new automated price through a gazette notification as per the government decision on Thursday.
The Energy and Mineral Resources Division explained that although the prices of petroleum decreased in the global market, the devaluation of the taka against the US dollar has caused an increase in fuel prices locally.
The first automated price came into effect on March 7.
On March 1, the government issued "Fuel Pricing Guidelines" through a gazette notification to set an automated price for petroleum fuel across the country. According to these guidelines, local prices will fluctuate in line with international prices, and such prices will be announced monthly by the government for one-month tenure.-UNB