The recent developments in the global crude oil market point towards a further decline.


Islamabad: A significant relief is expected for consumers in the country on December 1 as the prices of the petroleum products expected to go down.
The recent developments in the global crude oil market point towards a further decline.
The per barrel price of Russian oil has dipped below $60, surpassing the European Union's designated limit. Despite the set threshold, the market value for Russian oil has experienced a decline.
Internationally, British Brent recorded a one percent decrease, settling at $80.58 per barrel, while American West Texas Intermediate has seen a two percent decrease, trading at $75.54 per barrel.
The global downtrend in crude oil prices is foreseen to translate into a notable reduction in petroleum product prices within Pakistan.
Sheikh Hasina sentenced to 6 months for contempt of court in Bangladesh
- 24 minutes ago

SC decision: ECP issues notification to restore reserved seats
- an hour ago

PM satisfied with FBR's performance
- 3 hours ago

Google quietly introduced precise Bluetooth tracking on the Pixel Watch 3
- 3 hours ago

M3gan 2.0 is a fun upgrade that’s a little too self-aware
- 3 hours ago

Taxes on more than 40 items reduced
- an hour ago

Extreme heat in Britain, Europe, mercury reaches 46 in Portugal
- 3 hours ago

PSX rallies for second consecutive day in new fiscal year
- 10 minutes ago

Blast in Bajaur, four including AC martyred
- 2 hours ago
Karachi gas explosion: 7 injured including children
- 18 minutes ago

NEPRA reduces basic power tariff
- 4 hours ago

Google’s carbon emissions just went up again
- 3 hours ago