Record drop in world oil prices
The price of crude oil in the world market fell below 100 100 per barrel, foreign media.
Record decline in the price of oil in the world market, the price of crude oil in the world market fell below 100 100 per barrel. According to the details, the price of crude oil in the world market has come down to less than 100 100 per barrel. At 100 100.54 a barrel.
On the other hand, fears of a possible slowdown in China’s economy have been cited as the reason for the drop in oil prices. Earlier, oil prices rose sharply 14 years after the Russia-Ukraine war. Russia-Ukraine crude oil prices fell by 4% on the back of signs of easing tensions.
Brent crude also traded at 92.86 during trading
It may be recalled that two weeks ago today, Prime Minister Imran Khan, while addressing the nation, while announcing reduction in the price of petrol and electricity, said that he was reducing the price of petrol and diesel by Rs. 10 per liter and Rs. 5 per unit. Reducing units will reduce bills by 20%, will not increase petrol and electricity prices till next budget. I am afraid that prices will not come down now, gas comes from Russia and gas prices will also go up, we have decided that petrol, diesel is a big problem, even today in Pakistan petrol, diesel of 25 countries of the world. The price is lower than that. Opposition says petrol has become more expensive. If they have a solution, tell me. In India, petrol is Rs. 260 per liter. The government subsidizes Rs. 70 billion every month. It will be up to Rs., OGRA had sent me a summary of increasing the price of petroleum products.