
Oil price falls to $59 per barrel, threatens implementation of 2025 budget
Crude oil price has dropped to $59 for the first time since February 2021. Brent crude, global oil price, fell by 5.09 percent to $59.62 per barrel at 12.30 WAT while US West Texas Intermediate fell by 5.54 percent to $56.28 per barrel on Wednesday. The …