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The Business Standard

Wednesday
August 05, 2026

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WEDNESDAY, AUGUST 05, 2026

Oil

Oil

Finance Minister Amir Khosru Mahmud Chowdhury. Photo: Screengrab

Mideast tensions may lead to Tk42,600cr in extra subsidies this fiscal year: Khosru

He also said the estimated additional subsidy requirement includes around Tk10,258 crore for fuel oil, Tk11,170 crore for gas, Tk19,821 crore for electricity and nearly Tk1,350 crore for fertiliser

Representational image of a flare stack at a gas field. Photo: Collected

Govt plans to drill, rework 58 wells by 2031 to bolster energy security, minister tells parliament

Photo: Courtesy

World's 'largest energy shock' may affect markets into 2027: Saudi Aramco CEO

Representational image: Collage/BSS

Govt approves draft offshore PSC to boost oil, gas exploration

File Photo: Reuters

Oil prices plunge after reports of deal to end Iran war

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Iraq sends first oil convoy to Syria through al-Yarubiyah in 14 years

File photo of bottled soybean oil at a grocery store/Collected

Soybean oil price raised by Tk4, reaching Tk199 per litre

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Chips carry stocks higher; oil jumps on stalled peace talks

Illustration: TBS

Ripple effects of fuel price hike: What lies ahead

Screengrab from maritime.com

Hormuz returns to standstill: Maritime firm 

Representational Image. Photo: Reuters

India gets first Iranian oil in 7 years, ship tracking data shows

 RAB recovers 50,000 litres of illegally hoarded edible oil

RAB recovers 50,000 litres of illegally hoarded edible oil

The Zubair Oil Field in Basra, Iraq, 6 April 2026. REUTERS

Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill

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