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

April 13, 2016
April 13, 2016

Fuel price cut by next week

After months of criticism for maintaining high fuel oil prices despite an international slide, the government has decided to tone down the fuel oil cost next week. Notice of the price cut will be floated by next week.

February 23, 2016
February 23, 2016

Peru oil spill pollutes Amazon rivers

At least 3,000 barrels of crude oil have been spilled in an Amazonian region after leaks from Peru's main oil pipeline, the state oil company said.

February 2, 2016
February 2, 2016

No possibility of cutting fuel prices: Nasrul

There is no possibility of reducing fuel prices despite a cost plunge in the international market, the state minister for energy, gas and mineral resources hints in parliament.

January 20, 2016
January 20, 2016

Global stock markets dive amid oil rout

Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil prices and fears about the impact on global growth.

January 10, 2016
January 10, 2016

Tripura power coming in at Tk 6.44/unit

Bangladesh will buy 100 megawatts of electricity from India's Tripura for a reasonable rate of Tk 6.44 per kilowatt-hour, officials said.

January 6, 2016
January 6, 2016

Oil price falls below $35 a barrel to fresh 11-year low

Oil has continued its rollercoaster ride into the new year, with Brent crude falling below $35 a barrel for the first time in 11 years.

January 5, 2016
January 5, 2016

Chinese shares recover early losses after rout

Mainland Chinese shares recover early losses amid volatile swings, following Monday's suspension of trading which led to a global equities sell-off.

June 23, 2015
June 23, 2015

Alert on milk, water, edible oil packs issued in India

Indian food safety regulator has issued countrywide alert on adulteration of food items specially packed products like milk, water, oil, reported The Times of India.

May 12, 2015
May 12, 2015

Shell gets 'conditional' US Arctic drilling approval

Oil firm Royal Dutch Shell has won approval from the US Department of Interior to explore for oil in the Arctic.

March 2, 2015
March 2, 2015

Dhaka-Sylhet train service resumes after 4hrs

Rail communications between Sylhet and Dhaka resumes after 4hours of disruption following derailment of freight train carrying oil in Bahubal upazila of Habiganj

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