Brent Crude oil reached it’s yearly peak around April 2019 at 74 USD per barrel and crashed out after that. It is now climbing up slowly probably due to rally in stock indexes which is reaching it’s previous peak again, and tension between US and Iran which is a major oil supplier. It jumped from the low of 59 USD per barrel and is now hovering at 65 USD per barrel moving slowly presumable due to current ongoing G20 meeting. Will we see a rise in Petrol Price in Malaysia due to global rise in Oil price ?
Global Petrol Price rose slightly as of June 2019
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