Energy Bangla

Global oil prices have increased further in the international market. Brent crude rose by 0.7%, or 58 cents, to US$85.31 per barrel. At the same time, the price of U.S. West Texas Intermediate (WTI) crude increased by 0.4%, or 35 cents, to US$79.69 per barrel. Earlier, on Tuesday, oil prices had climbed by around 2%, reaching their highest level in a month amid concerns over potential supply disruptions through the Strait of Hormuz. According to market analysts, the future direction of oil price

The government has begun discussions with the International Monetary Fund (IMF) to secure a new loan program. The Ministry of Finance has held talks with the IMF regarding the key principles and framework on which the next lending arrangement will be based. Finance Minister Amir Khasru Mahmud Chowdhury disclosed the information to journalists on Monday after a meeting at the ministry with Ivo Krznar, the IMF Mission Chief for Bangladesh and Hong Kong. The Finance Minister said that the governmen

The Power Division has launched a special control room to ensure uninterrupted electricity supply to consumers amid the ongoing flood situation across the country. Officials assigned to the control room have been instructed to immediately coordinate with the relevant power distribution utilities or companies whenever any disruption in electricity supply is reported and to ensure prompt resolution of the issue. They have also been directed to maintain close coordination with the Power Divisions i