Diesel, kerosene prices drop, octane and petrol prices remain unchanged
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The government has reduced the prices of diesel and kerosene by Tk 2.25 per litre, or 2.07 per cent, to Tk 106 per litre from the previous Tk 108.25 per litre, under the automatic fuel pricing formula, which will come into effect on April 1.
The price of octane and petrol, however, remained unchanged at Tk 126 per litre and 122 per litre respectively.
Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources (MPEMR) published a gazette over the changes in petroleum prices.
The government first introduced the automatic fuel pricing formula on March 7, reducing the prices of diesel, kerosene, octane, and petrol.
The prices of domestic oil will be adjusted at the consumer level every month under the new formula, said a senior MPEMR official.