Govt raises furnace oil price again

The government has increased the furnace oil price by Tk 5 per litre at the end-users' level yesterday for an interim period, said a government statement.
According to the statement, the government re-fixed the furnace oil price at Tk 40 per litre from its current price of Tk 35 per litre. The new interim price comes into effect from today, the statement said.
The government has raised the price of the petroleum by-product for the second time in this year.
In January 24 of this year, the government raised the furnace oil price to Tk 35 per litre from its previous rate of Tk 26 per litre. Earlier, the price of furnace oil was increased to Tk 26 on March 29, 2009.
The business community expressed concerns over frequent price hikes of furnace oil, which is mainly used in running power generators for industrial purposes.