Imports of petroleum products drop by 40% - Money

Imports of petroleum merchandise drop by 40% – Cash

Economy By Aug 15, 2023 No Comments

The nation has recorded a lower of 40% within the imports of petroleum merchandise on an annual foundation throughout June.

In response to the statistics launched by the Institute of Statistics, the whole worth of imports of petroleum merchandise was recorded at 418 billion rupees throughout June 2022, however in June of this yr, petroleum merchandise decreased by 40% and reached 252 billion rupees.

Then again, a giant drop in crude oil costs has been recorded within the international market. In response to the main points, the worth of crude oil reached 85.74 {dollars} per barrel after a one % lower within the Brent oil market immediately, whereas the US crude oil decreased by 1.3 % to 82.12 {dollars} per barrel.

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