Local News
Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays.
May 18, 2026 at 4:07 AM
Sri Lanka's Ceylon Petroleum Corporation (CPC) has faced a sharp rise in fuel import costs, settling two-thirds of its projected 2026 annual bill within the first four months alone, driven by global market volatility.
Economy
Fitch Ratings Downgrades Bangladesh Outlook Amid Regional Geopolitical Tensions.
May 13, 2026 at 1:50 PM
Fitch Ratings has downgraded its outlook for Bangladesh from 'stable' to 'negative', citing increased economic vulnerability due to the ongoing Middle East conflict, while maintaining the 'B+' credit rating.
Technology
Surging Fuel Costs Drive Massive Surge in GasBuddy App Usage.
May 10, 2026 at 8:37 AM
As global oil prices remain volatile, GasBuddy has experienced a dramatic increase in user downloads. Petroleum analyst Patrick De Haan explains how his constant market monitoring aligns with growing consumer frustration over rising pump prices.

















