Oil price gets extraordinarily low in global market

Islamabad: The price of oil in the global market has dropped dramatically, GNN reported.

According to details, oil prices in the global market fell by about $3 per barrel, with Brent crude oil trading down $2.95 to settle at $71.84 a barrel.

It should be noted that this is the lowest price of crude oil since December 2021.

Also, West Texas Intermediate crude oil settled at $67.12 a barrel, down by $3.05.