Good News at the Fuel Pump!
In a welcome move for millions of everyday citizens, the government has reduced the prices of all types of fuel by Tk 1 per liter, offering a small but meaningful relief in the face of rising living costs.
Announced on Wednesday evening by the Energy and Mineral Resources Division, the new prices take effect immediately for May. Diesel and kerosene now cost Tk 104 per liter, while petrol is down to Tk 121 and octane to Tk 125.
For families and workers already stretched thin by inflation, this adjustment may offer a bit of breathing room specially for those whose livelihoods depend on transportation or fuel-based services.
This isn’t the first change this year. Back in February, the government had slightly raised prices by Tk 1 per liter across the board. Since then, prices had stayed the same through March and April.
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The price revision is part of a broader government policy to align domestic fuel prices with the global energy market. Introduced in March 2024, this automatic pricing system updates fuel rates every month based on international trends. That means prices can go up or down or stay unchanged depending on what’s happening around the world.
While a Tk 1 drop may not seem like much at first glance, it signals that the government is listening and trying to respond to public pressure and global shifts. For ride-share drivers, small business owners and daily commuters every taka saved matters.
In uncertain times, even small steps like this fuel price cut can make a difference reminding people that relief, however modest, is still possible.
