The price of crude oil in the world market has come down further, how much can it go down by the end of the year? Analysts predict

The price of crude oil in the world market has dropped further, no matter how low it is by the end of the year …

London (Daily Pakistan Online) The price of crude oil in the world market has further decreased while Brent crude oil has come down below 100 100 per barrel.

According to private TV Express News, according to experts, oil prices in the world market are falling due to the fear that the recession will reduce the demand for oil, Europe’s benchmark crude contract, Brent North Sea, noon. Intermediate deals fell 3.3 percent to 99 99.39 a barrel, while US counterpart WTI also fell 3.3 percent to 96 96.12.

Analysts predict that Brent could reach 65 65 by the end of this year in the event of a prolonged global recession.

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