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    Oil prices soar as Gulf tensions eclipse virus woes

    Agence France-Presse . Singapore | Updated at 10:03am on April 23, 2020

    The oil market, rocked by crisis this week as prices plunged below zero on rampant oversupply and demand-destroying coronavirus, faces the critical problem of where...

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    Strike stops fuel oil sale in west

    Staff Correspondent | Updated at 02:30pm on December 01, 2019

    Motorists, passengers and businesspeople in Rajshahi, Rangpur and Khulna divisions suffered much as fuel refuelling station owners and employees along with tank lorry workers on...

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    Elevated expressway consultancy deal extended

    Staff Correspondent | Updated at 01:35am on November 18, 2019

    The government on Sunday extended the consultancy service deal with the Mott MacDonald Ltd for three more years and decided to import 30,000 tonnes of...

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    Fuel oil import on emergency basis in offing

    Shakhawat Hossain   | Updated at 12:10am on November 17, 2019

    Import of 30,000 tonnes of octane on emergency basis is under process by the Bangladesh Petroleum Corporation to meet the demand for the fuel pushed...

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    One killed in Iran as clashes erupt over fuel price hike

    Reuters. Dubai | Updated at 10:54pm on November 16, 2019

    One person was killed in the Iranian city of Sirjan during protests that erupted after President Hassan Rouhani's government imposed gasoline rationing and price hikes...

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    US scoops up overseas fuel oil in pre-IMO push

    Reuters . London/ New York | Updated at 12:00am on November 10, 2019

    The United States is taking advantage of record-low prices of one of the world’s dirtiest fuels by buying record volumes, which it intends to upgrade...

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    Oil and blood

    Mahir Ali | Updated at 12:00am on September 20, 2019

    IT’S unclear whether last Saturday’s devastating attacks on key Saudi Aramco facilities will serve as a sobering reminder to the kingdom’s ruling family of the...

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    Iran using all resources to sell oil in ‘grey market’: minister

    Reuters . Dubai | Updated at 12:00am on May 06, 2019

    Iran has mobilised all its resources to sell oil in a ‘grey market’, bypassing US sanctions that Tehran sees as illegitimate, state media quoted deputy...

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    Indian consumers face post-election fuel price shock, economy could be hit

    Reuters . New Delhi | Updated at 12:00am on April 27, 2019

    Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices...

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    South Korea to sweep world for Iran oil replacement

    Reuters . Seoul/Singapore | Updated at 12:00am on April 27, 2019

    South Korea will likely return to a familiar game plan to replace Iranian oil it will no longer have access to after May now that...

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