The Pulse Today
BREAKING
Sajib Pledges Aid for 50,000 Flood-Affected People in SonargaonMP Azharul Islam Mannan Distributes Relief Funds to Needy Families in SonargaonParliament Proposes Anti-Gambling Bill with Maximum 7-Year Prison PenaltyOpenAI Unveils 'Schedule' Feature to Boost Task Management in AI ChatbotPrime Minister Tareq Rahman Arrives in Dalian, China for Economic ForumEurope Confronts Intense Heatwave; Conditions Predicted to DeteriorateGold Prices Rise Again in Bangladesh Amid Global Market IncreaseSpaceX's Nasdaq Debut Values Company at Over $2 Trillion, Surpassing AmazonStudy Reveals AI Data Centers Contribute to Local Temperature IncreasesNarayanganj BNP Youth Wing Holds Rally to Welcome New Central CommitteePalestinian-American Displays US Flag During West Bank Settler SiegeSwapon: Halal Food Culture as an Asset for Global CivilizationStolen Ena Paribahan Bus Found in Mirpur Beribadh Following 999 CallBelgian Wildfire Contained but Challenges Persist Due to Flare-Ups and TerrainUK Inflation Climbs to 2.9% in July, Driven by Increased Energy CostsOpenAI Temporarily Halts Advanced AI Development in Response to CyberattackNew Zealand Enacts Law to Prevent Climate Change Lawsuits Against CompaniesUS Long-Term Bond Yields Reach Highest Levels Since 2007 Amid Inflation and Deficit ConcernsSabalenka Dominates Wang to Reach Fourth Round at Cincinnati MastersUS Primaries: Democrats Aim to Reclaim Florida, a Key Trump StrongholdUS Proposes Logging Access to 44 Million Acres of Pristine ForestsColombia Earthquake: Estimated Damage Reaches $9.6 BillionOusted Ukraine Defence Minister Advocates for Election Path Amid Ongoing ConflictFrance Expels Two Iranian Diplomats Amid Rising Diplomatic TensionsUnitree's Shanghai Debut: Humanoid-Maker's Stock Skyrockets Over 600%

Bangladesh Reduces Jet Fuel Prices for Both Domestic and International Flights

The Bangladesh Energy Regulatory Commission (BERC) has reduced jet fuel prices for both domestic and international airlines.

By Staff Correspondent
Share
Jet fuel prices cut again for domestic, int’l flights  | Others
BSS

The Bangladesh Energy Regulatory Commission (BERC) has reduced the prices of jet fuel (Jet A-1) for domestic and international airlines. The new rates, effective from midnight tonight, lower the price for domestic carriers to Tk 130.99 per litre from Tk 150.21, and for international carriers to $0.8556 per litre from $0.9808.

New Rates Effective Immediately

BERC Secretary Md Nazrul Islam Sarkar announced that the new rates will be effective from 12 midnight tonight. The reduction comes as a result of considering the average price of the Platts Rate from June 5 to July 4, 2026.

Determination Process

The new prices were determined following a public hearing held today. The hearing was conducted in accordance with sections 34 (4) and 34 (6) of the Bangladesh Energy Regulatory Commission Act, 2003. The BERC took into account the proposal of Bangladesh Petroleum Corporation (BPC) and Padma Oil Company Limited (POCL).

Factors Considered

In setting the new prices, the BERC considered the detailed price of the Platts Rate of Jet A-1 fuel from June 5 to July 4. Additionally, the exchange rate of the US dollar in the settlement of the Letter of Credit (LC) of BPC was factored into the decision.

Significance for Airlines

The reduction in jet fuel prices is expected to provide some relief to airlines operating in Bangladesh. Lower fuel costs can lead to reduced operational expenses, potentially allowing airlines to offer more competitive pricing for passengers. This move may also encourage increased air travel, benefiting both domestic and international tourism.

Source: BSS

FAQ

Why were jet fuel prices reduced?
The prices were reduced based on the average Platts Rate from June 5 to July 4, 2026, and the exchange rate of the US dollar.
When do the new jet fuel prices take effect?
The new prices are effective from 12 midnight tonight.

Topics

Comments

More in Economy

See all →

Latest stories