World Oil Price | The Daily Star
  • 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.

  • 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.

  • Price cut not on govt's mind

    Bangladesh Petroleum Corporation this year is expected to log in twice the profit it counted in fiscal 2014-15 on the back of the low oil price on the international market. The benefits of this low price, however, are yet to trickle down to the consumers.

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