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  Oil steadies before US sanctions on Iran

  Reuters . London | Updated at 12:00am on November 03, 2018

  Oil prices steadied on Friday after a week of heavy falls as markets braced for the imposition next week of US sanctions on Iran, which...

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  Oil refiners face rollercoaster ride as fuel margins seesaw

  Reuters . Singapore | Updated at 12:00am on November 01, 2018

  Oil product margins have been tossed around on a wild rollercoaster ride in October, as factors like impending Iran sanctions, the Sino-American trade war and...

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  Trump’s Iran sanctions resolve faces test from oil-thirsty China, India

  Reuters . Washington/Singapore | Updated at 12:00am on October 30, 2018

  Shortly after US president Donald Trump announced in May he would reimpose sanctions on Iran, the state department began telling countries around the world the...

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  Import payments for fuel oils jump 105pc in Jul-Aug

  Staff Correspondent | Updated at 12:00am on October 26, 2018

  The country’s import payments for fuel oils soared by 105.07 per cent in the first two months (July-August) of the current financial year (2018-19) compared...

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  Dhaka, Ctg-centric dev policy fuels inequality: economists

  Staff Correspondent | Updated at 01:57am on October 18, 2018

  Economists on Wednesday said that the development policy centering two major cities, Dhaka and Chottogram, was hindering equal development and creating earnings disparity with other...

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  Don’t mention the oil price: US legal threat prompts change at OPEC

  Reuters . London/Dubai | Updated at 01:49am on October 18, 2018

  OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks...

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  BERC backtracks on gas price hike move

  Staff Correspondent | Updated at 07:42pm on October 16, 2018

  Bangladesh Energy Regulatory Commission has decided not to increase gas price as per the proposals from six state-run gas distribution utilities ahead of the general...

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  IEA lowers its growth forecast in oil demand for 2018, 2019

  Agence France-Presse . Paris | Updated at 12:00am on October 13, 2018

  The International Energy Agency on Friday revised lower its growth forecast in global oil demand for 2018 and 2019, citing high prices, trade tensions and...

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  US oil exports fall as India turns to Iran ahead of sanctions

  Reuters . Houston | Updated at 12:05am on October 06, 2018

  Indian buyers reduced US crude purchases and loaded up on Iranian oil ahead of the restart of US sanctions next month and as the WTI-Brent...

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  Tesla’s Musk may settle SEC lawsuit but ready for fight: sources

  Reuters | Updated at 12:00am on September 30, 2018

  Tesla Inc’s Elon Musk could settle with US regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to...