Oil prices

Oil prices hold steady as recession worries offset lower US stocks

Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession.

Oil extends losses as weak demand outlook lingers

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession.

Crude oil prices lower in US as stockpile rises

Oil prices edged lower on Wednesday, after industry data showed US crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

Oil bounces as China, US data ease recession concerns

Oil prices bounced higher from multi-month lows on Monday as investors' appetite improved following data on US jobs and Chinese exports data that eased recession concerns.

Oil prices jump as soft dollar, tight supplies support

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand.

Edible oil: Prices drop in global markets, not at home

Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.

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.

BNP urges govt to lower oil prices

BNP urges the government to adjust prices of all fuel oils in line with the plunge in the global market.

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.

August 18, 2022
August 18, 2022

Oil prices hold steady as recession worries offset lower US stocks

Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession.

August 16, 2022
August 16, 2022

Oil extends losses as weak demand outlook lingers

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession.

August 10, 2022
August 10, 2022

Crude oil prices lower in US as stockpile rises

Oil prices edged lower on Wednesday, after industry data showed US crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

August 8, 2022
August 8, 2022

Oil bounces as China, US data ease recession concerns

Oil prices bounced higher from multi-month lows on Monday as investors' appetite improved following data on US jobs and Chinese exports data that eased recession concerns.

July 18, 2022
July 18, 2022

Oil prices jump as soft dollar, tight supplies support

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again reducing fuel demand.

June 5, 2022
June 5, 2022

Edible oil: Prices drop in global markets, not at home

Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.

February 17, 2016
February 17, 2016

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.

January 23, 2016
January 23, 2016

BNP urges govt to lower oil prices

BNP urges the government to adjust prices of all fuel oils in line with the plunge in the global market.

January 23, 2016
January 23, 2016

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.

January 20, 2016
January 20, 2016

Global stock markets dive amid oil rout

Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil prices and fears about the impact on global growth.

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