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Tue, Jun 23, 2026

US crude oil price drops 2% to $104 per barrel

Govt raises light diesel price, cuts kerosene rate

WASHINGTON: Crude oil prices continue to fluctuate in the global market.

Crude oil prices have failed to stabilize in the global market. The price of US crude oil has dropped 2% to $104 per barrel. On the other hand, the price of British crude oil has dropped 1.5% to $113 per barrel.

On the other hand, stock markets around the world are also seeing some declines and some increases. The South Korean stock market index increased by 5%, the Japanese stock market increased by 0.38%. There is a downward trend in the stock markets of India, Hong Kong, Malaysia, and New Zealand.

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