In a notable shift in the global energy market, crude oil prices have experienced a decline. As of today, the price of a barrel of West Texas Intermediate (WTI) crude has decreased by 1.43%, now standing at $77.16. Similarly, Brent crude oil has fallen by 1.51%, with its price settling at $81.13.
This global trend is anticipated to influence domestic fuel prices, which are scheduled for revision at midnight tonight. Analysts suggest that the ongoing drop in crude oil prices, coupled with the recent announcement of upcoming elections, could lead to a significant reduction in fuel prices in this country. Many experts believe this potential decrease will have a tangible positive impact on the population.