The price of crude oil in the global market has recorded a notable decline.
According to foreign media reports, the price of a barrel of WTI crude oil has dropped to US$ 88.27, reflecting a decrease of 4.42 percent.
Meanwhile, the price of a barrel of Brent crude oil has fallen to US$ 98.84, marking a decline of 5.41 percent.
In addition, the price of a barrel of Murban crude oil, which is imported into Sri Lanka, has been recorded at US$ 119.88.
This represents a decrease of 11.31 percent compared to its previous price, according to further reports from foreign media.
