Business

Global oil prices continue to fall in international market

Published by
Staff Reporter
Global crude oil prices recorded a further dip in the international market on Tuesday and continued with the ongoing volatility in energy trade.
US West Texas Intermediate (WTI) crude has fallen by 1.79% to $79.36 a barrel, and Brent crude has slid by 1.54% to $81.89 a barrel.
This follows an over 7% plunge in global oil prices during the previous session and reflects sustained pressure in the global energy market.
These decreasing prices of crude oil have also boosted hopes that fuel rates might be relieved, and Pakistan is abuzz with rumors that the government will cut the petrol prices during the next few days to transmit the benefits of a lower international market.
Staff Reporter

Recent Posts

LESCO announces planned power outage in Lahore

LAHORE: The Lahore Electric Supply Company (LESCO) has informed the public of a planned power…

27 minutes ago

ICC fines Pakistan women after first T20 World Cup match

DUBAI: The Pakistan Women's Cricket Team has been fined by the International Cricket Council (ICC)after…

39 minutes ago

Benazir SIM application deadline set for June 30

KARACHI: The last date for obtaining the Benazir SIM has been set by the concerned…

2 hours ago

Employees likely to enjoy 4-day Ashura weekend, notification awaited

ISLAMABAD: Employees are expected to get a four-day long weekend on the occasion of Ashura;…

2 hours ago

Punjab Government presents budget for new Fiscal Year in assembly

LAHORE: The most important session of the Punjab Assembly has begun under the chairmanship of…

2 hours ago

Iqra Aziz And Yasir Hussain Win Hearts With Romantic Photos

Pakistani showbiz stars Iqra Aziz and Yasir Hussain have once again become the center of…

3 hours ago