Dhaka Monday, Jul 13, 2026
- Power Division Opens Control Room to Address Flood Situation
- LPG Price Cut by Tk 357 for 12kg Cylinder
- Adani Achieves Milestone of 20,000 Megawatts in Renewable Energy Generation
- It Will Take Time to Break Free from the Cycle of Corruption in the Power Sector: Information Minister
- Electricity Prices Increased for All Consumers
- Approval Given to Purchase Three LNG Cargoes
- Diesel, Kerosene Prices Cut By 50p For November
- AI Boom To Fuel Natural Gas Demand In Coming Years, Report Says
- Bangladesh signs €477m deals with EU and EIB for renewable energy and more
- The Current Oil Price Rally Is Reaching Its Limits
Petroleum
Oil prices rallied more than 2% on Wednesday after U.S. President Donald Trump ordered a complete blockade of all sanctioned oil tankers entering and leaving Venezuela, raising geopolitical tensions at a time of concerns over demand. Brent crude futures were up $1.41, or 2.4%, at $60.33 a barrel at 1018 GMT, while U.S. West Texas Intermediate crude rose $1.42, or 2.6%, to $56.69 a barrel. Oil prices settled near five-year... » 
Fuel prices have been increased. Although prices have declined in the global market, domestic prices have been raised for the month of December. With a Tk 2 increase per liter, diesel has been set at Tk 104, octane at Tk 124, petrol at Tk 120, and kerosene at Tk 116. The new prices will come into effect from December 1. A notification in this regard has been issued by the... » 
Fuel oil is set to begin flowing from Chattogram to Dhaka through pipeline from Saturday, as Bangladesh Petroleum Corporation (BPC) formally launches the project following successful trial operations. Officials believe pipeline transport, especially for diesel, will not only reduce costs but also ensure quicker delivery. The project will be inaugurated in Chattogram’s Patenga by Energy Advisor Fouzul Kabir Khan. The BPC initiated the pipeline project in 2016 to facilitate direct... »
The country is set to formally launch its first-ever underground pipeline-based fuel transportation facility from Chittagong to Dhaka on Saturday. With this landmark initiative, experts have opined that a new horizon is going to be opened in the country’s fuel oil transportation system, which will ultimately result in reducing supply time and carrying cost substantially per annum. Project Director (PD) Aminul Haque told BSS that fuel transportation through the newly... » 
Fuel prices will remain unchanged for the month of August. The decision has been made under the country’s automatic pricing formula, which adjusts prices in line with fluctuations in the global fuel market. The Ministry of Power, Energy and Mineral Resources announced the price decision through an official order issued by the Energy and Mineral Resources Division on Thursday. According to the ministry’s statement, the aim of this step is... »
Bangladesh interim government has decided to keep fuel prices unchanged at the consumer level in July, based on the revised pricing formula and guidelines. According to a statement issued by the Ministry of Power, Energy and Mineral Resources on Sunday, the prices will remain fixed at Tk 102 per litre for diesel, Tk 114 for kerosene, Tk 122 for octane, and Tk 118 for petrol. The new rates, which will... » 
Global oil prices jumped after Israel said it had struck Iran in a dramatic escalation of tensions in the Middle East. The price of the benchmark Brent crude rose more than 10%, reaching its highest level since January, before losing some gains. Traders were concerned that a conflict between Iran and Israel could disrupt supplies coming from the energy-rich region. The cost of crude oil affects everything from how much... »
The government has reduced prices of diesel, petrol and octane in the local markets to be effective from June 1, 2025, according to a gazette notification issued by the Ministry of Power, Energy and Mineral Resources here. The notification said diesel price has been fixed at Taka 102 per litter while octane at Taka 122 and petrol at Taka 118. The price of kerosene has increased 10 taka. The price... »
NEW YORK, May 20 (Reuters) – Oil prices were little changed on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook for top crude-importer China’s economy. Brent futures slid 16 cents, or 0.2%, to settle at $65.38 a barrel, while U.S. West Texas Intermediate (WTI) crude slid 13 cents, or 0.2%, to settle at $62.56. The Reuters Tariff Watch newsletter... »
13 May 2025 The price of jet fuel has been reduced from Tk111 to Tk93.57 per litre for domestic flights and from $0.75 to $0.6066 per litre for international flights, the Bangladesh Energy Regulatory Commission (BERC) announced on Tuesday. In addition, the storage and distribution charge of Bangladesh Petroleum Corporation (BPC) has been revised to Tk4.04 per litre, while Padma Oil Company Limited’s marketing charge for Jet A-1 (aviation fuel)... »