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| SOURCE: GOOGLE |
Impact of Corona, crude oil prices hit the lowest level in 17 years in the global market.
New York: World crude oil prices fell to the lowest level in 17 years, with US crude oil prices down 6 percent and British crude oil prices down 3.4 percent.
According to details, the impact of the decline in the price of crude oil in the global market is fast approaching; the US crude oil price in the global market has reached the lowest level of seventeen years. Later, US crude is selling for $ 25 to 41 cents a barrel.
Similarly, British crude oil prices fell 3.4 percent and British crude oil started selling for $ 27 at 74 cents a barrel.
According to the news agency, the price of US crude oil per barrel fell to $ 25.68 a barrel on the same day, the lowest level since May 2003.
On the other hand, the decline in the price of crude oil in Asian markets, Arabian light has risen to 30 trillion cents a barrel. Has been
Remember that in the global market last week, crude oil prices dropped by a record 29 years and the US crude oil price dropped 30 percent to $ 29 cents a barrel.
These crude oil prices have fallen to the lowest level in 29 years since the 1991 Gulf War.
Economists say after the fall in crude oil prices, Pakistan's export bill is expected to drop significantly, saving Pakistan up to $ 5 billion annually.
According to experts, Pakistan imports 80% of its oil from foreign sources, which is expected to significantly reduce Pakistan's import bill, which could save Pakistan up to $ 5 billion annually.
Source: ARY
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