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Diesel, kerosene prices raised to Tk 80 per litre

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The government on Wednesday raised the prices of diesel and kerosine at the retail level.

As per the new price, the diesel and kerosene will be selling at Tk 80 per litre instead of Tk 65 with effect from zero hour on Thursday, said a press release of the Ministry of Power, Energy and Mineral Resources.

It said the prices of other petroleum products will remain unchanged.

It clarified that the Bangladesh Petroleum Corporation (BPC) has been incurring a loss of Tk 20 crore per day as it is selling diesel at Tk 13.01 lower per litre and furnace oil at Tk 6.21 per litre, lower than their imported prices.

It said the petroleum prices have been readjusted against the backdrop of price hike of petroleum on the international market.

Source: United News of Bangladesh