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 fell as much as five percent in early trade before paring some of their losses
Brent crude futures rose 8 cents, or 0.11 percent, to $73.14 a barrel by 0120 GMT
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
NBR also exempted VAT at production and trading of the highly import-based edible oil
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
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"
Brent crude futures rose 22 cents, or 0.3 percent, to $77.4 a barrel by 0349 GMT
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
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.
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.
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.
Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil prices and fears about the impact on global growth.
Bangladesh will buy 100 megawatts of electricity from India's Tripura for a reasonable rate of Tk 6.44 per kilowatt-hour, officials said.
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.
Mainland Chinese shares recover early losses amid volatile swings, following Monday's suspension of trading which led to a global equities sell-off.
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.
Oil firm Royal Dutch Shell has won approval from the US Department of Interior to explore for oil in the Arctic.
Rail communications between Sylhet and Dhaka resumes after 4hours of disruption following derailment of freight train carrying oil in Bahubal upazila of Habiganj