BUSINESS

Bangladesh Recovers Over 87,700 Litres of Fuel Oil in One Day Amid Nationwide Anti-Hoarding Drives The Bangladesh government has intensified nationwide operations against illegal fuel hoarding. In a single day, authorities recovered a total of 87,700 litres of fuel oil, bringing the cumulative recovery to 296,305 litres so far. According to the Ministry of Power, Energy and Mineral Resources, 3,559 …

The Bangladesh government has decided not to increase fuel prices for April despite sharp volatility in global energy markets caused by the ongoing war in the Middle East, where prices have more than doubled. This marks the second consecutive month that fuel prices have been kept unchanged. Petrol, octane, diesel, and kerosene will continue to be sold at the existing …

Bangladesh’s remittance inflows have continued their strong upward trend, reaching US$3.33 billion in the first 28 days of March 2026. Expatriate Bangladeshis have been sending more money home ahead of the Eid-ul-Fitr festival. This healthy inflow has helped push the country’s gross foreign exchange reserves up to $33.99 billion. According to the IMF’s BPM6 methodology, the reserves stood at $29.29 …

Bangladesh has formally requested a temporary sanctions waiver from the United States to import Russian diesel, officials said on Monday. The request comes as ongoing turmoil in the Middle East continues to disrupt global energy supplies and put pressure on fuel availability in many countries. According to energy ministry officials, Dhaka has asked for a waiver similar to the one …

A tanker named PVT Solana, carrying 27,300 tonnes of refined diesel from Malaysia, is scheduled to arrive at Chittagong Port today, Monday. The vessel is expected to anchor at the port’s outer anchorage today after completing the required formalities. It is likely to berth at the Dolphin Jetty tomorrow, Tuesday. Chittagong Port Secretary Syed Refayet Hamim confirmed the development, stating …

Oil Prices Surge Past Key Thresholds as Middle East War Drags On: WTI Tops $103, Brent Climbs Above $115 New York/London — Global oil prices jumped sharply on Monday, with the main US benchmark rising more than three percent to once again surpass USD 100 per barrel, while international Brent crude climbed above USD 115, as traders saw no immediate …