Global oil prices
“Went for fuel price hike as I don’t want to exhaust funds”
In the wake of fuel price hike in the country, The Daily Star spoke to Nasrul Hamid, state minister for power, energy and mineral resources, to discuss the situation.
The Politics of Oil Prices / Can lower price hurt the economy?
While lower fuel cost may keep the cost of driving low and the opportunity cost of conservation high, the setback is predicted to be temporary.
Editorial / Decision time on fuel prices
The minister of finance has sought the opinion of the ministry of energy on how to revise prices of petroleum downwards.
Global oil price slump and Bangladesh
As per a projection put forward recently by the country's leading think-tank, the Centre for Policy Dialogue (CPD), we find that a 10 percent reduction in fuel prices could propel the country's GDP growth rate by 0.3 percent, or in dollar terms, nearly $5.2 billion; raise its export earnings by another 0.4 percent and household consumption by about 0.6 percent.
Oil price falls below $28 a barrel as Iran sanctions lifted
The oil price falls below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.
Editorial / Dip in international oil price
The logic being offered by the government for not adjusting the oil price in the country with the international price is that the BPC is making up for the huge 'losses' it has run up over the years.
PLEASURE IS ALL MINE / Sloshing oil, slapping bouts, our interests
While maxi-oil wars are playing out in the Middle East and North Africa we have our mini version of an oil battle to be won at home.
Oil prices fall further
Global oil prices falls further Tuesday on stubborn concerns over high supplies and slowing Chinese demand.
“Went for fuel price hike as I don’t want to exhaust funds”
In the wake of fuel price hike in the country, The Daily Star spoke to Nasrul Hamid, state minister for power, energy and mineral resources, to discuss the situation.
Can lower price hurt the economy?
While lower fuel cost may keep the cost of driving low and the opportunity cost of conservation high, the setback is predicted to be temporary.
Decision time on fuel prices
The minister of finance has sought the opinion of the ministry of energy on how to revise prices of petroleum downwards.
Global oil price slump and Bangladesh
As per a projection put forward recently by the country's leading think-tank, the Centre for Policy Dialogue (CPD), we find that a 10 percent reduction in fuel prices could propel the country's GDP growth rate by 0.3 percent, or in dollar terms, nearly $5.2 billion; raise its export earnings by another 0.4 percent and household consumption by about 0.6 percent.
Oil price falls below $28 a barrel as Iran sanctions lifted
The oil price falls below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.
Dip in international oil price
The logic being offered by the government for not adjusting the oil price in the country with the international price is that the BPC is making up for the huge 'losses' it has run up over the years.
Sloshing oil, slapping bouts, our interests
While maxi-oil wars are playing out in the Middle East and North Africa we have our mini version of an oil battle to be won at home.
Oil prices fall further
Global oil prices falls further Tuesday on stubborn concerns over high supplies and slowing Chinese demand.