Bangladesh Hikes Fuel Prices for Second Time in Six Weeks Amid Energy Pressures

Bangladesh hikes fuel prices for second time in six weeks amid energy pressures

DHAKA, June 1 — Bangladesh raised fuel prices today, six weeks after the previous increase, as the government seeks to ease pressure on state finances affected by the conflict in the Middle East.The country imports about 95 percent of its fuel requirements, with most coming from the Middle East.Kerosene was raised to 135 taka (US$1.09) per litre, up from 130, while petrol raised to 140 taka (US$1.14) from 135. Diesel was unchanged.Authorities ar…

Bangladesh raises fuel prices again as global costs bite

Bangladesh has increased petrol and kerosene prices for the second time in six weeks. This move is expected to fuel inflation in the nation. The new rates are effective from Monday. Petrol now costs 140 taka per litre and kerosene 135 taka per litre. Diesel prices remain unchanged. The government cites international petroleum product price changes for the revision.

Bangladesh Raises Fuel Prices Second Time In Six Weeks

Bangladesh raised fuel prices on Monday, six weeks after the previous increase, as the government seeks to ease pressure on state finances affected by the conflict in the Middle East. The country imports about 95 per cent of its fuel requirements, with most coming from the Middle East. Kerosene was raised to 135 taka ($1.09) per litre, up from 130, while petrol rose to 140 taka ($1.14) from 135. Diesel was unchanged. Authorities are also conside…