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Published : 18 Apr 2026, 10:52 PM
The government has hiked the prices of four types of fuel, increasing rates by Tk 15 to Tk 20 per litre in a single jump.
The Ministry of Power, Energy, and Mineral Resources announced the decision in a statement on Saturday, saying that the new rates would come into effect from midnight.
Under the new pricing structure, diesel will now cost Tk 115 per litre, while kerosene has been set at Tk 130. The price of octane has surged to Tk 140 per litre, and petrol will be sold at Tk 135.
The hike marks a significant increase from previous rates, with diesel prices rising by Tk 15 and octane seeing a jump of Tk 20 per litre.
Petrol prices have jumped by Tk 19 per litre, while kerosene has seen an Tk 18 increase.
The adjustment comes after several months of relative stability.
Previous monthly adjustments under the automated pricing formula were typically limited to one or two Taka.
According to the ministry, the decision aligns domestic rates with the international market.
The price hike follows multiple increases in jet fuel and furnace oil rates since the escalation of the Iran conflict.
While the government had initially expressed a desire to avoid raising prices, officials hinted on Apr 7 that a "price coordination" might be necessary in May.
Ultimately, the government moved the timeline forward to mid-April to manage the mounting pressure of subsidies.
The decision also coincides with the government’s ongoing negotiations with the International Monetary Fund (IMF) for the next tranche of its multi-billion dollar loan.
The announcement came just hours after Mahdi Amin, the spokesperson for the Prime Minister’s Office, suggested during a press conference marking the government's two-month anniversary that subsidies might be increased to keep fuel prices stable.
Since March 2024, Bangladesh has followed an automated pricing mechanism, where domestic fuel prices are adjusted every month in accordance with the fluctuations of the global market.
