Oil

Asian stocks slide as China stimulus disappoints; bitcoin extends record rally

Bitcoin climbed to an all-time high as Donald Trump's victory in the US presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment.

Oil prices tumble as Iran fears ease, yen weakens after Japan polls

Oil prices fell as much as five percent in early trade before paring some of their losses

Oil prices steady after 7% weekly drop

Brent crude futures rose 8 cents, or 0.11 percent, to $73.14 a barrel by 0120 GMT

Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook

Brent crude futures fell $1.39, or 1.87 percent, to $73.06 a barrel. US West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or 2.05 percent

VAT on import and trading of edible oil slashed 

NBR also exempted VAT at production and trading of the highly import-based edible oil

Oil prices drop on easing fears over Middle East, most markets rise

Both main oil contracts dropped around three percent in early exchanges, after the Washington Post reported that Netanyahu had pledged to target Iran's military rather than its crude and nuclear sector

Oil prices rise on US storm, fears of Israel-Iran conflict

US President Joe Biden spoke with Israeli Prime Minister Benjamin Netanyahu about Israel's plans concerning Iran in a 30-minute call on Wednesday that the White House described as "direct and very productive"

Oil prices steady after sliding on potential Israel-Hezbollah ceasefire

Brent crude futures rose 22 cents, or 0.3 percent, to $77.4 a barrel by 0349 GMT

Oil prices dip after strongest weekly rise in over a year

Brent crude futures fell 31 cents, or 0.4 percent, to $77.74 per barrel by 0435 GMT. US West Texas Intermediate crude futures slipped 20 cents, or 0.27 percent, to $74.18 per barrel

October 28, 2023
October 28, 2023

Oil prices up 3% on worries about Middle East supplies

Oil prices climbed about 3 percent to a one-week high on Friday on worries that tensions in Israel and Gaza could spread into a wider conflict that could disrupt global crude supplies.

October 25, 2023
October 25, 2023

Oil dips as economic concerns offset Middle East supply worries

Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza.

October 23, 2023
October 23, 2023

Asia shares slip on Middle East woes, higher yields

Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.

June 27, 2023
June 27, 2023

Oil rises on supply worries, US summer demand hopes

By 0613 GMT, Brent crude futures had climbed 67 cents to $74.85 a barrel, while US West Texas Intermediate (WTI) futures rose 73 cents to $70.10 a barrel. On Monday, Brent had climbed 0.5 per cent and the WTI 0.3 per cent.

June 26, 2022
June 26, 2022

8 benefits of the champi: oiling the mane

Oiling hair is a common cultural practice in Bangladesh. We have seen our parents do it, we have seen our siblings do it, and now that we are of age, we do it too because it is essential to keep our hair healthy. Oiling is great for scalp and overall hair nourishment.

May 10, 2022
May 10, 2022

Refiners to find out if any dealer is involved in oil crisis

The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association today said it will take action against the dealers if their involvement is found in creating an edible oil crisis.

May 1, 2022
May 1, 2022

Edible oil crunch: Taking shine off Eid for many

A banker in Naogaon did not find soybean oil in the local market. A woman in Natore was lucky to score a one-litre bottle for an unusually higher price. A private firm employee in Chattogram decided to make do with mustard oil after failing to find soybean oil in her neighborhood.

March 31, 2022
March 31, 2022

Russia wants gas payments in roubles from April 1

President Vladimir Putin on Thursday warned "unfriendly" countries, including all EU members, that they would be cut off from Russian gas unless they opened an account in roubles to pay for deliveries.

May 3, 2016
May 3, 2016

Long-haul bus fare cut by 3 paisa per kilometre

The government decides to reduce passenger fare by 3 paisa per kilometre for long haul buses following the recent cuts in fuel prices.

April 24, 2016
April 24, 2016

Fuel price cut from midnight

After months of criticism over high oil price despite an international plunge, the government will lower fuel cost that will be effective after midnight tonight. Prices of petrol and octane will come down by Tk 10 per litre while that for diesel and kerosene Tk 3 per litre, ministry officials say.