{"id":111597,"date":"2026-05-07T14:04:57","date_gmt":"2026-05-07T09:04:57","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=111597"},"modified":"2026-05-07T14:54:11","modified_gmt":"2026-05-07T09:54:11","slug":"brent-crude-falls-over-10-easing-pressure-on-energy-sector","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/brent-crude-falls-over-10-easing-pressure-on-energy-sector\/","title":{"rendered":"Brent crude falls over 10%, easing pressure on energy sector"},"content":{"rendered":"<p>NEW YORK: A significant decline in crude oil prices has been recorded in the <a href=\"https:\/\/dailyausaf.com\/en\/business\/crude-oil-prices-have-crashed-in-the-global-market\/\">global market<\/a>, where a major relief is expected in energy markets.<\/p>\n<p>According to international reports, the price of Brent crude oil has decreased by 10.67%, and its new price is $98.57 per barrel.<\/p>\n<p>Similarly, the US West Texas Intermediate (WTI) crude oil has also fallen by 11.41% to $ 90.57 per barrel.<\/p>\n<p>Economists say that the global economic slowdown, reduced demand for crude oil, and increased supply have played an important role in bringing down prices.<\/p>\n<p>On the other hand, a decline has also been seen in natural gas prices, which have decreased by 2.76% to $ 2.73 per MMBTU.<\/p>\n<p>According to economic analysts, if the current trend in oil prices in the global market continues, a decrease in the prices of petroleum products in other importing countries, including Pakistan, is expected to reduce inflationary pressures and provide relief to the public.<\/p>\n<p>It should be noted that Pakistan largely depends on imported oil for its energy needs, so the decrease in prices in the global market is being considered a positive development for the country&#8217;s economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: A significant decline in crude oil prices has been recorded in the global market, where a major relief is expected in energy markets. According to international reports, the price of Brent crude oil has decreased by 10.67%, and its new price is $98.57 per barrel. Similarly, the US West Texas Intermediate (WTI) crude [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":31612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[13553],"class_list":["post-111597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-brent-crude"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/111597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=111597"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/111597\/revisions"}],"predecessor-version":[{"id":111598,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/111597\/revisions\/111598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/31612"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=111597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=111597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=111597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}