Domestic fuel prices climbed above Ks.1600 per liter at present and compared with prices in February, 2021, it has raised from Ks.140 to Ks.150 depending on various fuel according to local fuel shops.

In February,2021, a liter of Diesel costs Ks.660, a liter of premium diesel costs Ks.670,  a liter of 92 Octane costs Ks.625, a liter of 95 Ron Octane costs Ks.750 respectively according to Myanmar Petroleum Trade Association (MPTA).

At present, a liter of Diesel costs, Ks.1590, a liter of premium diesel costs Ks.1600, a liter of 92 Octane costs Ks.1575, a liter of 95 Ron Octane costs Ks.1630 according to fuel shops.

Compared with same period last year, a liter of Diesel has risen to Ks.930 (140 percent), a liter of premium diesel increased to Ks.930, a liter of 92 Octane has increased to Ks.950 (150 percent), a liter of 95 Ron Octane increased to Ks.880 (120 percent). Since the end of September, 2021, all fuel oil has reached above Ks.1500. As the fuel oil prices increased, domestic commodity prices also increased.

According to the data issued by the Ministry of Commerce, Myanmar has imported around 6 million tons of fuel oil per year.