Saturday, December 2, 2023

Big Drop in Crude Oil Prices in Global Markets

Crude oil prices fell by more than 5 and a half percent in the global markets.

Brent crude fell to $85.81 a barrel, WTI fell to $84.22 a barrel.

The decline in crude oil prices is due to concerns about the slowdown in the global economy and low demand.

OPEC is unlikely to cut oil production further.

Experts have expressed the opinion that if this trend continues in the global market, there may be a clear reduction in the price per liter in Pakistan.

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