Advertisement
Yesterday, the price of crude oil decreased by more than 4% on the international market.
U.S. West Texas Intermediate was down 4.4 percent at $69.46 per barrel while Brent futures dropped 4.6 percent to $73.54 per barrel.
According to the report, worries about the US Congress passing the debt limit bill are to blame for this decrease.
On the other hand, industry officials claim that starting June 1, the cost of petroleum products may also be decreased by up to Rs 10 per liter.
Read more: Air New Zealand Becomes World’s Best Airline After Defeating Qatar Airways
Advertisement
