Diesel, kerosene prices slashed

The government has decided to reduce the automated retail prices of diesel and kerosene by Tk 2.25 per litre for the month of April.

The new price will come into effect from Monday (April 1).

As per the new price, the diesel and kerosene will be sold at Tk 106 per litre instead of previous price at Tk 108.25, lowered by Tk 2.25 per litre.

However, the prices of octane and petrol have remained unchanged at Tk 126 and Tk 122 per litre respectively.

Earlier, the government on March 1 issued a “Fuel Pricing Guidelines” through a gazette notification to set an automated price for the petroleum fuel across the country.

As per the “Fuel Pricing Guidelines”, the local prices will go up and down in line with the international price and every month such prices will be announced by the government for one-month tenure.

On March 7, the Ministry of Power, Energy and Mineral Resources set the new prices of diesel, kerosene, octane and petrol.