Fuel prices hiked; diesel hits Tk115, octane Tk140 per litre

Dhaka, Bangladesh || Sunday, 19 April 2026 || 6 Boishakh 1433

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Fuel prices hiked; diesel hits Tk115, octane Tk140 per litre

Peoples Time Desk

Published : Saturday, 18 April, 2026 at 11:45 PM, Count : 14

Fuel prices hiked; diesel hits Tk115, octane Tk140 per litre

The government has increased retail fuel prices at the consumer level, citing rising global oil market trends.

According to a gazette notification issued by the Power, Energy and Mineral Resources Division tonight (18 April), new prices will take effect from Sunday (19 April).

Under the revised structure, diesel will cost Tk115 per litre, octane Tk140, petrol Tk135 and kerosene Tk130.

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The latest adjustment represents a sharp increase across all major fuel categories. Diesel has been raised by Tk15 per litre, octane by Tk20, petrol by Tk19 and kerosene by Tk18.

The notification stated that the move was necessary to maintain stability in supply and ensure adjustment with global price trends.

Officials said the revision aims to align domestic fuel prices with international market movements, where oil prices have remained volatile amid ongoing disruptions in global energy supply chains linked to the Iran conflict.

Meanwhile, in a Facebook post, Jamaat-e-Islami Ameer Shafiqur Rahman criticised the hike, saying global prices are falling while Bangladesh has increased fuel rates.

He described the move as "deeply unfortunate" and said it would further burden people already struggling with rising living costs.

Earlier, the Finance Minister Amir Khasru Mahmud Chowdhury and Local Government, Rural Development and Cooperatives Minister Mirza Fakhrul Islam Alamgir had indicated that fuel prices might need adjustment due to rising import costs, especially from non-traditional sources and the spot market.

The hike comes at a time when global oil prices had shown signs of easing following a brief reopening of the Strait of Hormuz.

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