International media reports said that crude oil prices in the global market witnessed a notable decline after reaching their highest levels in four years. Brent crude oil dropped from $124 to $114 per barrel, reflecting a significant decrease in a short period.

Similarly, West Texas Intermediate (WTI) also saw a downward trend, falling from $110 to $104 per barrel. Analysts believe the drop comes as markets adjust after a period of sustained price surges driven by global supply concerns and geopolitical uncertainties.

Despite the easing in oil prices, Pakistan’s financial market showed a bearish trend. The benchmark KSE-100 Index at the Pakistan Stock Exchange fell by 2,829 points, closing at 162,994 points. The decline reflects investor caution amid global economic uncertainty.

Meanwhile, international stock markets displayed mixed performance. Markets in Japan, Hong Kong, South Korea, and India recorded losses of more than one percent. In contrast, European markets including Germany, the United Kingdom, and France experienced gains, highlighting regional differences in investor sentiment.

Experts say fluctuations in oil prices and stock markets are closely linked, as energy costs influence inflation, business activity, and overall economic outlook across the world.