25 May 2026

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Asian crude oil prices are down



Asian crude oil prices have dropped significantly.

Accordingly, the price of a barrel of Brent crude oil has fallen by 5% as of this mo ing (25).

Similarly, the price of American WTI crude oil has fallen by 5.3% and is recorded at $90.93.

Foreign media reported that the price of crude oil has decreased significantly with the statement made by US President Donald Trump that the Strait of Hormuz will be opened as part of the agreement negotiated with Iran, which is in the final stages.




(colombotimes.lk)




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