BD hikes oil prices by 66pc

Published July 1, 2008

DHAKA, June 30: Bangladesh’s government announced on Monday it was raising state-set prices for fuels used for transportation and cooking by between 34 and 66 per cent due to the sharp rise in global prices.

Starting on Tuesday, the price of diesel and kerosene is to go up by 37.5 per cent to 55 taka per litre, while petrol prices will increase by 34 per cent to 87 taka per litre, energy ministry spokesman said. The price of furnace oil has been increased by 50 per cent and the cost of a cylinder of gas used for cooking will go up by 66 percent, he said.—AFP

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