Oil prices

Oil prices rise, but post biggest weekly decline since March

Oil prices rose on Friday but remained posted their steepest weekly losses since March, after another partial lifting of Russia's fuel export ban compounded demand fears due to macroeconomic headwinds.

Russia should help us with supply of LNG, wheat and fertilisers / Lavrov’s visit consolidates Bangladesh-Russia relations

Lavrov made strong statements on US interference and Russia’s commitment to working with its partners to prevent any outside “dictates.”

Oil nudges up as China cuts policy rates to support economy

Oil prices edged higher on Tuesday as China unexpectedly cut key policy rates for the second time in three months to shore up a sputtering economic recovery, but sluggish economic data from the country put a lid on gains.

Oil steady as recession fears counter positive Chinese signals

Oil prices were steady on Monday as China's continuation of loose monetary policy was offset by fears that high inflation and energy costs could drag the global economy into recession.

Oil prices hold steady as recession worries offset lower US stocks

Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession.

Oil extends losses as weak demand outlook lingers

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession.

Crude oil prices lower in US as stockpile rises

Oil prices edged lower on Wednesday, after industry data showed US crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

Oil bounces as China, US data ease recession concerns

Oil prices bounced higher from multi-month lows on Monday as investors' appetite improved following data on US jobs and Chinese exports data that eased recession concerns.

Oil prices jump as soft dollar, tight supplies support

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand.

October 8, 2023
October 8, 2023

Oil prices rise, but post biggest weekly decline since March

Oil prices rose on Friday but remained posted their steepest weekly losses since March, after another partial lifting of Russia's fuel export ban compounded demand fears due to macroeconomic headwinds.

September 9, 2023
September 9, 2023

Lavrov’s visit consolidates Bangladesh-Russia relations

Lavrov made strong statements on US interference and Russia’s commitment to working with its partners to prevent any outside “dictates.”

August 15, 2023
August 15, 2023

Oil nudges up as China cuts policy rates to support economy

Oil prices edged higher on Tuesday as China unexpectedly cut key policy rates for the second time in three months to shore up a sputtering economic recovery, but sluggish economic data from the country put a lid on gains.

October 17, 2022
October 17, 2022

Oil steady as recession fears counter positive Chinese signals

Oil prices were steady on Monday as China's continuation of loose monetary policy was offset by fears that high inflation and energy costs could drag the global economy into recession.

August 18, 2022
August 18, 2022

Oil prices hold steady as recession worries offset lower US stocks

Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession.

August 16, 2022
August 16, 2022

Oil extends losses as weak demand outlook lingers

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession.

August 10, 2022
August 10, 2022

Crude oil prices lower in US as stockpile rises

Oil prices edged lower on Wednesday, after industry data showed US crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

August 8, 2022
August 8, 2022

Oil bounces as China, US data ease recession concerns

Oil prices bounced higher from multi-month lows on Monday as investors' appetite improved following data on US jobs and Chinese exports data that eased recession concerns.

July 18, 2022
July 18, 2022

Oil prices jump as soft dollar, tight supplies support

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand.

June 5, 2022
June 5, 2022

Edible oil: Prices drop in global markets, not at home

Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.