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Tue, Jun 23, 2026

Big increase in crude oil prices

Govt raises light diesel price, cuts kerosene rate

ISLAMABAD: Crude oil prices have increased further in the global market. Uncertainty has once again arisen after US President Donald Trump rejected Iranian proposals, after which oil prices have recorded an increase.

British Brent crude oil has risen by 3.28% in the global market, reaching a new price of $104.6 per barrel. American crude oil is being sold at $98.93 per barrel.

A website that monitors oil prices says that the price of Brent crude oil has increased by about $20 since the war began.

It should be noted that crude oil prices continue to fluctuate in the global market, which also affects the prices of petroleum products in Pakistan.

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