{"id":1235,"date":"2026-06-17T09:19:15","date_gmt":"2026-06-17T09:19:15","guid":{"rendered":"https:\/\/bluntline.pk\/en\/?p=1235"},"modified":"2026-06-17T09:19:16","modified_gmt":"2026-06-17T09:19:16","slug":"decline-in-global-crude-oil-prices-significant-relief-for-the-public-is-expected","status":"publish","type":"post","link":"https:\/\/bluntline.pk\/en\/?p=1235","title":{"rendered":"Decline in global crude oil prices, significant relief for the public is expected"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Due to a continuous decline in global crude oil prices, a significant reduction in petroleum product prices in Pakistan is also being expected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to reports, expectations of a possible agreement between the United States and Iran have increased the likelihood of improved global oil supply, which has further strengthened the downward trend in oil prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the international market, crude oil prices have recorded a decline of around 5%, while prices of US and Brent crude have also fallen to lower levels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Experts say that if this trend continues, Pakistan could see a major reduction in petrol and diesel prices, potentially exceeding Rs. 100 per litre.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reports also suggest that in the event of an agreement between Iran and the US, oil supply could increase further, which may push global prices even lower.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to a continuous decline in global crude oil prices, a significant reduction in petroleum product prices in Pakistan is also being expected. According to reports, expectations of a possible agreement between the United States and Iran have increased the likelihood of improved global oil supply, which has further strengthened the downward trend in oil [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,3],"tags":[],"class_list":["post-1235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-pakistan"],"_links":{"self":[{"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=\/wp\/v2\/posts\/1235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1235"}],"version-history":[{"count":1,"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=\/wp\/v2\/posts\/1235\/revisions"}],"predecessor-version":[{"id":1237,"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=\/wp\/v2\/posts\/1235\/revisions\/1237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=\/wp\/v2\/media\/1236"}],"wp:attachment":[{"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluntline.pk\/en\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}