Oil Price Hike

Price of 1-litre bottle of soyabean oil raised by Tk 12

Loose soyabean oil price up Tk 9 per litre, 5-litre bottle up Tk 54

Palm oil Tk 10 costlier than govt rate

Though the government last December had fixed the rate of loose palm oil at Tk 117 per litre, retailers said they were charging Tk 125 to Tk 127

Oil prices climb over $2/bbl ahead of OPEC+ meeting

Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day.

Fuel prices may be adjusted: Nasrul Hamid

The government may adjust fuel prices, State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said.

Petrol pump owners’ strike on Aug 31 for increase in fuel sales commission

Petrol pump owners today called a symbolic strike on August 31 in demand of increased commission for selling fuel.

Oil prices rise on tight supply worries, soft dollar supports

Oil rose slightly on Tuesday, paring earlier losses and after soaring by more than $5 barrel in the previous session, amid concerns about tight supply.

Hefty subsidy to create challenge for budget management: Kamal

A hefty amount of subsidy allocated by the government to offset the price increases in the global market may pose a challenge in the budget management for the next fiscal year, said Finance Minister AHM Mustafa Kamal today.

Oil prices advance on low oil inventories expectation

Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks, while expectations of solid demand in the upcoming driving season also lent support.

Believing businesses on oil price hike was a mistake: Munshi

Believing the businessmen was a mistake as they have hoarded and hiked the edible oil prices abnormally in the local markets after the Eid-ul-Fitr, Commerce Minister Tipu Munshi said today.

May 4, 2023
May 4, 2023

Price of 1-litre bottle of soyabean oil raised by Tk 12

Loose soyabean oil price up Tk 9 per litre, 5-litre bottle up Tk 54

February 26, 2023
February 26, 2023

Palm oil Tk 10 costlier than govt rate

Though the government last December had fixed the rate of loose palm oil at Tk 117 per litre, retailers said they were charging Tk 125 to Tk 127

September 5, 2022
September 5, 2022

Oil prices climb over $2/bbl ahead of OPEC+ meeting

Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day.

August 29, 2022
August 29, 2022

Fuel prices may be adjusted: Nasrul Hamid

The government may adjust fuel prices, State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said.

August 24, 2022
August 24, 2022

Petrol pump owners’ strike on Aug 31 for increase in fuel sales commission

Petrol pump owners today called a symbolic strike on August 31 in demand of increased commission for selling fuel.

July 19, 2022
July 19, 2022

Oil prices rise on tight supply worries, soft dollar supports

Oil rose slightly on Tuesday, paring earlier losses and after soaring by more than $5 barrel in the previous session, amid concerns about tight supply.

June 9, 2022
June 9, 2022

Hefty subsidy to create challenge for budget management: Kamal

A hefty amount of subsidy allocated by the government to offset the price increases in the global market may pose a challenge in the budget management for the next fiscal year, said Finance Minister AHM Mustafa Kamal today.

June 8, 2022
June 8, 2022

Oil prices advance on low oil inventories expectation

Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks, while expectations of solid demand in the upcoming driving season also lent support.

May 9, 2022
May 9, 2022

Believing businesses on oil price hike was a mistake: Munshi

Believing the businessmen was a mistake as they have hoarded and hiked the edible oil prices abnormally in the local markets after the Eid-ul-Fitr, Commerce Minister Tipu Munshi said today.

April 17, 2022
April 17, 2022

Edible oil prices: Even record imports fail to arrest hike

Despite record imports of soybean oil in the first quarter, consumers are having to pay an additional Tk 36-38 for every litre of non-bottled soybean oil over the price set by the government.

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