Furnace oil price raised by more than 12 percent

The Bangladesh Energy Regulatory Commission (BERC) has raised the price of furnace oil, used in power plants and heavy industry, by almost Tk 12 at a stroke. The price has gone up by Tk 11.92 to Tk 108.78 a litre, an increase of 12.31 percent.

BERC announced the increase in a press release on Wednesday afternoon. The new price takes effect from midnight on Wednesday. Furnace oil previously cost Tk 96.86 a litre.

After the interim government took office, it gave BERC the authority to set the prices of furnace oil and Jet A-1 by a gazette notification on September 15. BERC set the price of furnace oil for the first time on February 22 after a public hearing in January, and has since continued to set prices each month in line with the international market.

বাংলায় মূল প্রতিবেদন পড়ুন · Read the original Bengali report