Bangladesh to raise fuel prices; gasoline to climb 34%

HONG KONG (MarketWatch) — Bangladesh on Tuesday said it would raise the price of gasoline and othe fuels, becoming the latest Asian nation seeking to offset soaring crude-oil prices by passing along higher costs to consumers. Newswire reports cited government officials as saying the government would lift prices for diesel and kerosene by 37.5%, gasoline by 34%, liquefied petroleum by 67% and furnace oil by 50%.
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