Bangladesh Raises Fuel Prices For Second Time In Six Weeks

• Bangladesh has increased petrol and kerosene prices by 5 taka per litre.

• The new prices took effect on June 1, 2026.

• Petrol now sells at 140 taka (US$1.15) per litre.

• Kerosene now sells at 135 taka (US$1.10) per litre.

• Diesel prices remain unchanged at 115 taka (US$0.94) per litre.

Bangladesh has raised retail fuel prices for the second time in six weeks, increasing petrol and kerosene prices by 5 taka per litre in a move that could add to inflationary pressures in the import-dependent economy, according to Reuters.

The new rates, which took effect on Monday, June 1, 2026, set petrol at 140 taka (US$1.15) per litre and kerosene at 135 taka (US$1.10) per litre.

Prices of diesel, the country’s most widely used fuel, remain unchanged at 115 taka (US$0.94) per litre.

In a notification, the Energy Ministry said the revised rates were determined in line with changes in international petroleum product prices.

Bangladesh introduced an automatic fuel pricing mechanism in 2024, under which domestic fuel prices are periodically adjusted based on international fuel prices, exchange rate movements, and import costs.

The latest increase follows a fuel price hike in April after the conflict involving Iran pushed up global oil prices, raising the South Asian nation’s fuel import costs.

Higher fuel prices are expected to feed into transport and food costs, adding to inflationary pressures already facing consumers.