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    Major oil producers to meet today about output cuts

    Agence France-Presse . Vienna | Updated at 10:53pm on June 05, 2020

    Top oil producing countries will meet via video conference on Saturday instead of next week, a source close to OPEC said on Friday, to assess...

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    Saudis reel from austerity drive

    Agence France-Presse . Riyadh | Updated at 10:30am on May 15, 2020

    Juggling two mortgages and part-time jobs, Saudi academic Abdullah finally came close to building his own home, but the kingdom’s coronavirus-triggered austerity drive has dealt...

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    Rajshahi railway engineer arrested over oil theft

    United News of Bangladesh . Rajshahi | Updated at 01:52pm on April 25, 2020

    Police arrested a sub-assistant engineer of Bangladesh Railway west zone from Rajshahi Railway Station on Friday night in a case filed in connection with stealing...

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    3 arrested, 2 railway staff suspended for stealing oil

    Staff Correspondent | Updated at 01:07am on April 24, 2020

    Three people were arrested and two Bangladesh Railway staff were suspended over an incident of stealing oil from an oil tanker at Rajshahi railway station...

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    Oil market in turmoil as equities slump

    Agence France-Presse . London | Updated at 11:58pm on April 21, 2020

    Oil-price turmoil gripped traders once more Tuesday, a day after US crude futures crashed below zero for the first time as the coronavirus crisis crippled...

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    Oil near 18-year low

    Agency France-Presse . Singapore | Updated at 03:23pm on April 16, 2020

    Oil languished at multi-year lows on Thursday, with WTI crude remaining around $20 a barrel as dire warnings about a virus-triggered demand shock overshadowed a...

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    Global stocks, oil plunge as Fed virus move fails to ease fears

    Business Desk | Updated at 10:03pm on March 16, 2020

    Stock markets and oil prices went into free-fall on Monday as interest rate cuts and fresh stimulus measures by central banks failed to lift confidence,...

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    Gulf shares down despite stimulus packages

    Agence France-Presse . Dubai | Updated at 10:36pm on March 15, 2020

    Gulf shares dropped on Sunday amid unprecedented shutdowns to ward off the spread of coronavirus, despite tens of billions of dollars in stimulus packages announced...

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    Global stocks, oil crash as Trump travel ban fans recession fears

    Agence France-Presse . London | Updated at 09:55pm on March 12, 2020

    Global stock markets tumbled across the globe and oil prices slumped on Thursday after US president Donald Trump banned all travel from mainland Europe to...

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    Coronavirus fear, oil crash lead to bloodbath on global stock markets

    Agence France-Presse . London | Updated at 10:03pm on March 09, 2020

    World oil prices crashed on Monday, fuelling a vicious selloff on stock markets — which were already buckling under intense pressure over the spreading deadly...