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Edible oil processors want Tk20 a litre hike in soybean oil

Edible oil processors in Bangladesh have proposed the government raise the price of soybean oil by Tk 20 per litre, according to processors and officials of the Bangladesh Trade and Tariff Commission (BTTC). ....

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Oil prices rise on tight supply worries, soft dollar supports

Oil rose slightly on Tuesday, paring earlier losses and after soaring by more than $5 barrel in the previous session, amid concerns about tight supply. ....

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NBR likely to keep 5pc VAT on edible oil imports until Sept 30

The National Board of Revenue (NBR) is likely to provide a scope to edible oil refiners to import the essential cooking ingredient by paying only 5 per cent Value Added Tax (VAT) until September 30, an official said today. ....

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Saudi Arabia hikes crude oil prices surprisingly high for Asian buyers

Saudi Arabia raised crude oil prices for Asian buyers for July to higher-than-expected levels amid concerns about tight supply and expectations of strong demand in summer. ....

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Edible oil price may come down soon in Bangladesh: Commerce Minister

Edible oil prices may come down soon in the local market of Bangladesh on the back of the downturn trend in prices in the international market, said Bangladesh Commerce Minister Tipu Munshi. ....

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