Fuel prices have been kept unchanged in the month of March. The prices set last month will remain the same this month. Last month, the prices of petrol, octane, diesel and kerosene increased by one taka per liter compared to the previous month. A press release sent by the Ministry of Power, Energy and Mineral Resources on Saturday announced that the prices of oil will be kept unchanged.

The release said that to ensure the supply of fuel oil at a relatively affordable price for the month of March, the price of diesel and kerosene has been kept at 105 taka per liter according to the existing price structure. The price of petrol has been kept at 122 taka per liter and the price of octane has been kept at 126 taka.

Since March last year, the government has started automatic pricing of fuel oil in line with the world market. Accordingly, new prices are announced every month.
The guidelines determining the formula for automatic pricing of fuel oil were published on February 29, 2024. It said that octane and petrol used in the country are mostly used in private vehicles. Therefore, in reality, octane and petrol are always priced higher than diesel as luxury goods.