Crude oil prices fell by more than 4 percent in the global market yesterday.
Brent futures fell 4.6 percent to $73.54 a barrel, while U.S. West Texas Intermediate was down 4.4 percent at $69.46 a barrel.
The report said that the reason for this decrease is concerns about the passage of the debt limit bill in the US Congress.
On the other hand, according to industry officials, the prices of petroleum products are also likely to be reduced by up to Rs 10 per liter from June 1.
