Don’t raise fuel price

By Dr Moazzem Hossain, Dept of Civil Engineering, Buet
5 November 2021, 18:00 PM
UPDATED 6 November 2021, 00:22 AM
In the last six years, the average crude oil price was about USD 50, when BPC didn’t reduce local fuel price, hence it made significant profits. I suggest that,

In the last six years, the average crude oil price was about USD 50, when BPC didn't reduce local fuel price, hence it made significant profits. I suggest that, with the higher crude oil price now, the BPC not increase local fuel price in a Covid-distressed economy. Rather, if needed, it should redeem some of its earlier made profits to maintain the current price level at least for the next two years. This would be useful for the economy, business and even for the government.