Business

Crude Oil price in the Global Market falls to Lowest

Published by
Staff Reporter

The price of crude oil in the global market fell to the lowest level of 6 months

Crude oil prices fell by more than 4 percent

Crude oil prices fell to a six-month low after falling more than 4 percent in the global market.

According to the details, the price of crude oil in the international market decreased by more than 4 percent and crude oil reached the lowest level of 6 months.

According to foreign media, the price of Brent crude oil decreased by 48 cents to $73.82, while the American WTI crude oil decreased by 33 cents to $69.05.

Read More: Crude Oil Prices Reduces Further

The main reason for the decline in crude oil prices in the world market is the economic slowdown in China and the United States, while the oil reserves in the United States have increased on a large scale.

Staff Reporter

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