Oil retreats slightly after boost from US crude draw, Russia sanctions

LONDON, Jan 16 (Reuters): Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest US sanctions on Russia and a larger-than-forecast fall in US crude stocks.Brent crude futures were down 37 cents, or 0.5 per cent, to $81.66 per barrel by 1042 GMT,...

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Gold price in local mkt up by Tk 1,155 per bhori

The Bangladesh Jewellers Association (BAJUS) has increased the price of gold in the local market, with the price of 22-carat gold rising by Tk 1,155 per bhori to Tk 1,39,443, reports UNB.The new rates came into effect on Thursday (January 16), according to a press release issued on Wednesday. At...

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Marine fuel sales at S’pore bunker hub hit record highs in 2024

SINGAPORE, Jan 16 (Reuters): Marine fuel sales reached fresh highs at the world's largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.Sales totalled 54.92 million metric tons in 2023, data from the Maritime and Port...

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US sues Southwest Airlines over chronically delayed flights

WASHINGTON, Jan 16 (Reuters): President Joe Biden's administration on Wednesday sued Southwest Airlines, accusing the carrier of illegally operating multiple chronically delayed flights and disrupting passengers' travel.The US Transportation Department said in its civil suit in US District Court in Northern California that the Texas-based air carrier had operated unrealistic...

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