CAB rejects gas price hike. Accuses ministry & BERC of harming consumers.

Long-term cost hikes hurt energy sector; BERC lost neutrality, harming consumers.

There is no justification for raising electricity prices four times a year

It seems that the government is creating a new threat of the quality and price of refined fuel oil being manipulated by permitting private companies to import and refine crude oil

Energy prices declined 6.3 per cent in March, led by natural gas in Europe and coal, the World Bank’s Pink sheet reported.

According to World Bank’s Pink Sheet, a monthly report that monitors commodity price movements

Energy prices dropped 6.2 per cent in December, led by crude oil, according to a World Bank report.

Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.

Oil prices plunged about 5 per cent to an eight-month low on Friday as the US dollar hit its strongest level in more than two decades and on fears rising interest rates will tip major economies into recession, cutting demand for oil.

Bangladesh Energy Regulatory Commission (BERC) has cut the prices of liquefied petroleum gas (LPG), sold by private companies.