Crude oil prices fell to the lowest level of 3 years

Crude oil prices fell to the lowest level in 3 years, the price of British crude oil below $ 70 a barrel and US crude oil fell below $ 67 a barrel.

In addition, London Brent crude oil was $ 1.82 to $ 69.22 a barrel, while the US WTI was $ 2.06 to $ 66.20 a barrel.

According to economists, a new trade war has begun in the world since the Donald Trump government announces new tariffs on various countries in the United States.

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The global market is seeing a stir, which is why oil prices are constantly showing a trend of decline. Experts have indicated a further fall in oil prices in the coming days.

While Pakistan’s leading economist Dr Hafiz Pasha also says that the government’s data on inflation is not good, but oil is likely to be cheaper in the global market, which will reduce the intensity of inflation.