The Bangladesh Energy Regulatory Commission (BERC) has raised the consumer-level retail price of Liquefied Petroleum Gas (LPG) across the country. Under the new rate structure announced on Sunday, October 4, 2026, the price of the widely used 12kg LPG cylinder jumped by BDT 252, shifting from BDT 1,585 to BDT 1,837. The official tariff revision … Read more
Liquefied Petroleum Gas (LPG) distributors across the country have declared a two-day nationwide LPG sales shutdown in the Bangladesh market, scheduled for October 15 and October 16. The coordinated market stoppage comes as energy traders push for distributor commission restructuring, an immediate end to administrative harassment, and the re-injection of idle gas cylinders into the … Read more
Strait of Hormuz oil shipments reached an average of 13.1 million barrels per day last week, marking a dramatic rebound to nearly 80 percent of prewar volumes despite persistent military conflict in the Persian Gulf. Supported by heavy U.S. Navy escorts, Gulf producers are successfully moving crude through the critical waterway right under Tehran’s watch. … Read more
Spot gold prices surged to seven-week highs on Wednesday, testing the critical $4,500 per ounce threshold as global investors reacted to a cooling U.S. inflation print and an escalating maritime crisis in the Middle East. The latest Gold Price Forecast 2026 indicates a market grappling with “sticky” domestic price pressures and a 166-day-long military standoff … Read more
Central bank gold demand has emerged as the primary “fundamental fuel” for the precious metals market, effectively counterbalancing significant outflows from retail and exchange-traded funds (ETFs). While total global gold demand softened in the second quarter of 2026, falling to 942 tonnes, the official sector provided a massive institutional floor. This level represents the lowest … Read more
World Gold Price Fluctuations reached a critical turning point on August 6, 2026, as spot gold surged to a seven-week high, trading at $4,289.00 per ounce. This rally, marking the fourth consecutive session of gains, stems from a unique convergence of a weakening US dollar, declining Treasury yields, and significant geopolitical shifts in the Middle … Read more
The global energy market witnessed a dramatic shift this week as crude oil prices tumbled, following a strategic pause in military engagements between the United States and Iran. As both nations signal a return to the negotiating table, the immediate cooling of Middle East tensions has sent ripples through financial markets, offering a glimmer of … Read more