Bangladesh raises fuel prices by up to 17% amid global oil price surge
The Hindu – International
You are logged in
Loading…
You don’t have any Active Subscription.
Subscribed with another email? Logout and Login with that one.
Your active subscription(s)
Account subscription benefits alongside Premium Stories, Editorials,
Opinions and more. Unlock these with Subscription
Products you’ve access to
Additional Subscription Benefits
Account Settings
Need help with your subscription?
Weather News September 21, 2026 e-Paper
The View From India
Looking at World Affairs from the Indian perspective.
First Day First Show
News and reviews from the world of cinema and streaming.
Today's Cache
Your download of the top 5 technology stories of the day.
Science For All
The weekly newsletter from science writers takes the jargon out of science and puts the fun in!
Data Point
Decoding the headlines with facts, figures, and numbers
THEdge
At the cutting edge of education and careers
Health Matters
Ramya Kannan writes to you on getting to good health, and staying there
Gender Agenda
Stories from beyond the binary.
The Hindu On Books
Books of the week, reviews, excerpts, new titles and features.
Weather News September 21, 2026 e-Paper
Published – September 21, 2026 09:16 am IST – DHAKA
Bangladesh has raised fuel prices by up to 17.4%, piling fresh pressure on consumers and businesses already struggling with power and gas shortages, as the government moved to stem mounting losses from surging global oil prices and higher shipping costs linked to the West Asia conflict. File
| Photo Credit: Reuters
Bangladesh has raised fuel prices by up to 17.4%, piling fresh pressure on consumers and businesses already struggling with power and gas shortages, as the government moved to stem mounting losses from surging global oil prices and higher shipping costs linked to the West Asia conflict.
The new rates, effective from Monday (September 21, 2026), are expected to raise transportation and production costs across the import-dependent economy, adding to inflationary pressures at a time when industries, including the country’s key garment export sector, are already grappling with an acute energy crunch.
The Energy Ministry said international fuel prices had more than doubled since March 2026, while freight charges had risen significantly because of regional instability.
Under the new rates, diesel prices rose 17.4% to 135 taka per litre from 115 taka. Prices of octane gasoline increased to 165 taka per litre from 145 taka, petrol rose to 160 taka from 140 taka, while kerosene increased to 155 taka from 135 taka.
The latest increase follows fuel price hikes in April and June, when the government also raised prices to help offset rising import costs driven by higher global oil prices.
The Ministry said state-owned Bangladesh Petroleum Corporation incurred losses of 228.76 billion taka ($1.9 billion) between March and August and that the latest price hike could cut annual losses by about 100 billion taka, while conserving foreign exchange reserves and curbing fuel smuggling to neighbouring countries where prices are higher.
The Ministry also cited substantial subsidies for liquefied natural gas, saying the government had continued to support electricity and gas supplies despite higher import costs stemming from the regional energy crisis.
Published – September 21, 2026 09:16 am IST
Copyright© 2026, THG PUBLISHING PVT LTD. or its affiliated companies. All rights reserved.
BACK TO TOP
Terms & conditions | Institutional Subscriber
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
Fonte: The Hindu – International
