Prime Minister Sheikh Hasina has made it clear that Bangladesh will see no cut in oil prices soon despite calls from different concerned quarters.
The prices will be reduced, if found necessary, after the Bangladesh Petroleum Corporation (BPC) repays its loans and clears its dues, she told Parliament on Wednesday.
She said the BPC is yet to pay back about Tk 150-160 billion it had borrowed to subsidise petroleum selling.
The BPC had adjusted oil prices upwards in 2013 when the rate of the commodity per barrel rose to $122 in the international market.
It had fixed per litre octane price at Tk 99, petrol at Tk 96 and diesel at Tk 68 at the time.
It is keeping the same prices though the oil price has dropped to less than $40 a barrel globally in last two years.