Prices of crude oil, gas fall in global market

London: The price of crude oil and gas has been decreased in the international market.

According to foreign media reports, Brent crude oil fell by four percent to settle at $74 per barrel during trading.

Apart from this, gas prices decreased by 5% to settle at 2.58 cents per MMBtu.

Experts stated that the prices of crude oil and gas declined decreased due to doubts about global consumption and Organization of the Petroleum Exporting Countries (OPEC) production cuts.