Huge drop in crude oil prices in global market
Brent crude oil prices closed at 89.50 per dollar yesterday.
Published a year ago on Oct 18th 2023, 1:09 pm
By Web Desk
Moscow: US President Joe Biden has arrived Israel for a visit in view of the tense situation in the Middle East, due to which crude oil prices have dropped significantly.
According to details, Brent crude oil prices closed at 89.50 per dollar yesterday. With oil prices rising last week expecting that the conflict between Israel and Hamas could spill over into the oil-producing region.
Due to the Middle East tension, Brent oil prices increased by 7.5% worldwide. US President Joe Biden's visit can play an important role in the ceasefire between Hamas and Israel. It is being said that the US president will try to unite the Arab states to prevent regional conflict.
PM Shehbaz unveil statues of Quaid-e-Azam, Mao Zedong in Islamabad
- 9 hours ago
Military courts sentence 60 including Imran Khan’s nephew in May 9 riot case
- 12 hours ago
CJCSC, Kuwait’s crown prince discuss defence cooperation
- 9 hours ago
30th death anniversary of poetess Parveen Shakir observed
- 9 hours ago
Pacers wreak havoc as South Africa book Pakistan on 211
- 14 hours ago
13 khwarij killed in different IOBs in KP: ISPR
- 9 hours ago
You May Like
Trending
