The interim government's decision to reduce fuel prices has sparked mixed reactions among people from various occupations.
While some welcome the price cuts, others remain skeptical, arguing that the reduction is insufficient given the steep price hikes earlier.
Ramzan Mia, a pickup truck driver, expressed his concerns: "We couldn't significantly raise fares when diesel prices jumped from Tk65 to Tk107."
Ramzan expects to save Tk200-300 per trip with the reduced price. He noted that these modest savings could significantly impact his overall monthly fuel expenses.
Sujan, a ride-share provider, echoed similar sentiments: "When the price increased, it jumped by Tk40. Now, what's the point of reducing it by just Tk6?"
He hoped for further fuel price reductions.
On the other hand, Miraj, another ride-share driver, views any price reduction as a benefit to the public.
Fuel stations are expected to incur substantial losses when selling their stocked fuel at the reduced prices. Typically, these stations refill to full tank capacity on Thursdays.
Milon, the cashier at JM Express Filling and Service Station, explained, "As it's a government order, we must sell the fuel at the new price, even though we purchased it at the previous rate."
Milon mentioned that they would assess the loss after calculating the amount of fuel remaining from the previous price on Saturday night.
The filling station has a combined storage capacity of 60,000 litres.
In August 2022, fuel prices saw a significant hike, with diesel rising from Tk80 to Tk114, petrol from Tk86 to Tk130, and octane from Tk89 to Tk135 overnight.
After several adjustments, the prices of diesel, petrol, and octane stood at Tk106.75, Tk127, and Tk131 until Saturday.
The new prices of diesel, petrol, and octane, effective from midnight on Sunday, are Tk105.50, Tk121, and Tk131, respectively.