Dhaka Tuesday, Jul 14, 2026
- Government Begins Talks with IMF for a New Loan Program
- Power Division Opens Control Room to Address Flood Situation
- 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
Diesel and kerosene will now be sold at Tk 106 per liter down by Tk 2.25 from the previous rate of Tk 108.25 as the government on Sunday set the automated retail prices of gasoline for the month of April. However, the prices of octane and petrol will remain unchanged. The Energy and Mineral Resources Division (EMRD) issued a gazette notification in this regard this afternoon. The prices will be... » 
The US central bank’s favoured measure of inflation edged higher last month on the back of rising fuel prices, according to government data published Friday, but a metric stripping out volatile food and energy prices continued to ease. The data suggest inflation is still broadly on the Federal Reserve’s bumpy path toward its long-term target of two per cent, despite the recent uptick. But the higher top-line figure will likely... »
The price of diesel and kerosene have been reduced by 75 paise per litre, octane by Taka 4 and petrol by Taka 3 respectively, according to the energy and mineral resources division gazette notification issued today. Now the price of diesel and kerosene will be Tk. 108.25 per litre, while the price of octane will be Taka 126 and petrol Taka 122 which will be effective from tomorrow. The government... » 
The government on Friday issued a “Fuel Pricing Guidelines” through a gazette notification to set an automated price for the petroleum fuels across the country. The system will be effective from March. Under the guidelines, prices of all the petroleum fuels including petrol, diesel, octane, kerosene, furnace oil, jet fuel, marine fuels will be set automatically on the basis of the international market price. The local prices will go up... » 
World oil supply is forecast to rise to a new high of 103.5 mln barrels per day in 2024, fueled by record-setting output from the US, Brazil, Guyana and Canada, the IEA (International Energy Agency) said in its January Oil Market Report. Non-OPEC+ production will dominate growth this year, accounting for close to 1.5 mln barrels per day, the agency said. OPEC+ supply is expected to hold broadly steady on... » 
Oil rose 1% on Friday as an increasing number of oil tankers diverted course from the Red Sea following overnight air and sea strikes by the U.S. and Britain on Houthi targets in Yemen after attacks on shipping by the Iran-backed group. Brent crude futures settled 88 cents, or 1.1%, higher at $78.29 a barrel. The session high was up over $3 to more than $80, its highest this year.... »
Major oil and gas companies such as Aramco, ExxonMobil and Shell could have paid for their share of the damage caused by climate change and still earned trillions of dollars in profit, researchers said on Thursday. Their conclusions were released ahead of the UN’s COP28 climate negotiations later this month in Dubai, where developing countries not responsible for most carbon emissions are expected to push for governments and firms to... »
Bangladesh will import a total of about 3.8 million metric tons (MTs) of different types of refined petroleum from January to December in 2024. Cabinet Committee on Economic Affairs (CCEA) in a meeting, with Finance Minister AHM Mustafa Kamal in the chair, in principle approved a proposal of the Bangladesh Petroleum Corporation (BPC) in this regard. Energy and Mineral Resources Division of the Ministry of Power, Energy and Mineral Resources... » 
Russian fuel producers have been told by the government to prepare for the scrapping of all remaining restrictions on the export of diesel and gasoline, three industry sources told Reuters on Thursday. Russia, the world’s top seaborne exporter of diesel, introduced a ban on fuel exports on Sept 21 to tackle high domestic prices and shortages. The government eased restrictions on Oct 6, allowing the export of diesel by pipeline,... »
Oil prices gained about 2% on Friday as Iraq voiced support for OPEC+’s oil cuts ahead of a meeting in two weeks and as some speculators covered massive short positions ahead of weekend uncertainty. Still, prices settled with weekly losses of 4%, their third straight weekly decline. “This was the perfect technical storm. We came into this week with an almost record short position and now we’re seeing some short... »