By Admin 
Petrol News: The rising prices of petrol and diesel have increased the problems of common people. Now petrol and kerosene have become expensive again in India’s neighboring country Bangladesh. Prices have been increased for the second time in six weeks. After the implementation of the new rates, the price of petrol has crossed Rs 130 per liter, while the price of kerosene has also increased significantly. The government says that this decision was taken due to oil becoming expensive in the international market. This may affect the expenditure and inflation of common people.
Prices increased for the second time in six weeks
The Bangladesh government has increased the prices of petroleum products citing fluctuations in the prices of crude oil in the international market. This is the second time in the last six weeks that fuel has been expensive. The government says that considering the pressure of the global market, it was necessary to take this decision.
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Petrol crossed Rs 130
According to the new rates, the price of petrol in Bangladesh has increased to more than 130 taka per liter. This is likely to affect private vehicle drivers as well as the transport sector. Due to fuel becoming expensive, there will be additional burden on people’s pockets.
Kerosene and diesel also became expensive
Not only petrol, but the prices of kerosene and diesel have also been increased. Kerosene is used extensively in rural areas and among people of low income group. In such a situation, its becoming expensive may affect the household budget.
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Why were the prices increased?
The increase in crude oil prices in the international market and geopolitical tensions are affecting many countries. Bangladesh is also largely dependent on imports for its fuel needs. In such a situation, the direct effect of global prices is visible on the domestic market. Let us tell you that the effect of increasing fuel prices is not limited to just the cost of driving a vehicle. Due to cost of transportation, there may be pressure on the prices of food items, everyday goods and other services. Due to this there is a possibility of inflation increasing.