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Crude oil prices drop significantly in global market – Global

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Crude oil prices drop significantly in global market - Global

The prices of petroleum products in the global market decreased by 6 percent.

According to international media, the price of Brent crude oil decreased from 77 dollars to 73 dollars per barrel, while the price of British white crude oil decreased from 72 dollars to 67 dollars per barrel.

Apart from petroleum products in the global market, the price of gas has decreased by 6 and a half percent while the price of coal has also recorded a decrease.

The government increased the prices of petroleum products

It should be noted that despite the decrease in oil prices in the global market, the prices of petroleum products in Pakistan are continuously increasing, which is mainly due to the conditions of the IMF.

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