The government of Bangladesh has decided to keep the prices of diesel, kerosene, octane, and petrol unchanged for July 2026. However, the price of furnace oil used in power plants has been reduced by 4.44 taka per liter, from 113.54 to 109.10 taka. The Energy Division and Bangladesh Energy Regulatory Commission (BERC) announced the new rates in separate notices, effective from July 1 to July 31.
According to the Energy Division, the unchanged retail prices are 115 taka per liter for diesel, 145 taka for octane, 140 taka for petrol, and 135 taka for kerosene. The adjustment follows a decline in global oil prices after an Iran–United States memorandum of understanding to end the war, which had earlier driven prices up by over 40 dollars per barrel. Officials explained that domestic pricing is based on a three-month average of international rates, and the benefits of the recent global decline may take a few months to reach consumers.
BERC stated that the furnace oil price revision considered changes in crude oil costs and exchange rates for May and June, with the new rate effective from midnight on June 30.