High Sulfur Fuel Oil (HSFO)

A worker collects a crude oil sample at an oil well operated by Venezuela's state oil company PDVSA in Morichal, Venezuela 28 July 2011. File Photo: REUTERS/Carlos Garcia Rawlins
Energy

Bangladesh's high sulphur oil imports to plunge further in 2024 amid fund crunch: S&P

Bangladesh is likely to import around 3.5 million tonnes of 180 CST HSFO in 2024, down about 9% from 2023

Crude oil pouring out of a barrel. File Photo: Reuters
Energy

Bangladesh to cut high sulfur oil imports in September as utility demand eases