Bangladesh keeps fuel prices steady for March

The government has kept the retail prices of all major fuel oils unchanged for March.

The existing rates for diesel, octane, petrol and kerosene would remain in force under the revised automatic fuel pricing guideline, the Ministry of Power, Energy, and Mineral Resources said in a gazette notification on Thursday.

Diesel will continue to sell at Tk 100 per litre, octane at Tk 120, petrol at Tk 116 and kerosene at Tk 112 at the consumer level.

The approved prices will remain effective throughout March, the notification said.

Bangladesh has been announcing monthly fuel prices since March 2024 under the automatic pricing mechanism, aimed at aligning domestic rates with global market trends while preventing sudden spikes in consumer inflation.