According to the Russian president, the global economy is experiencing a slowdown at the beginning of 2020, the price of crude oil will fall to $ 25 a barrel, the current price is 57 to 61 dollars a barrel, the price is $ 1 on Wednesday. Decreased.
In the global market, the price of crude oil is likely to fall to $ 25 a barrel, while in Pakistan the price of petrol will be Rs. 50, according to the Russian president. The price of oil will fall to $ 25 a barrel, the current price is $ 57 to $ 61 a barrel, the price fell more than $ 1 on Wednesday. According to details, the announcement of Russian President Vladimir Putin has stirred the world. There has been a significant movement, especially in the global oil market. Russian President Vladimir Putin predicts that crude oil prices are falling to the lowest level of $ 25 a barrel in the global oil market. The Russian president says the global economy is suffering from slowdown and this trend will continue in 2020. https://bloggersblogs.com
At the beginning of the year 2020, crude oil prices will see a record drop in the global oil market as the global economy is experiencing a slowdown. Following the announcement by the Russian president, prices in the oil market on Wednesday saw a significant drop. US crude oil prices have dropped by more than $ 1 in the global oil market. This reduction pushed US crude prices to $ 61 a barrel. Reducing crude oil prices in the global market will benefit Pakistan immensely. At present, crude oil in the global market is $ 57 a barrel and gasoline in Pakistan is around Rs 113. If Russian President Vladimir Putin’s prediction is correct and crude oil prices go up to $ 25 a barrel, the price of petroleum products in Pakistan will be reduced by Rs. 50 per liter. At the planetary level. This situation will be a huge relief not only to the government but also to the people. The reduction in prices of petroleum products will not only reduce inflation in the country but also reduce the burden of external payments to the government.
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