Fuel price hike has impacts on all sides

The government has re-fixed prices of fuel oils at the consumer level considering the uptrend of price in global market under the current world situation.

The government has re-fixed prices of fuel oils at the consumer level considering the uptrend of price in global market under the current world situation.
Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources issued a handout on Friday night.
According to the handout, the retail price of diesel at consumer level will be Taka 114 per liter, kerosine at Taka 114 per liter, octane at Taka 135 per liter while petrol at Taka 130 per liter.
The government has taken the decision to reduce burden on the national economy. Bangladesh Petroleum Corporation (BPC) and the Eastern Refinery Limited are incurring huge loss, so there is no other way without increasing prices, the government sources said.