International benchmark Brent crude was trading at $114.25 per barrel at 0619 GMT for a 0.47% decrease after closing the previous session at $114.79 a barrel.
Decades of dependence on US financial support have rendered Pakistan a very fragile country, where its economy remains perilous and fails to infuse confidence domestically or abroad.
Jacobabad in Pakistan's arid Sindh province is in the grip of the latest heatwave to hit South Asia -– peaking at 51 degrees Celsius (124 Fahrenheit) at the weekend.
The spike, exacerbated by fertiliser shortages and poor harvests, has fuelled inflation globally and raised fears of famine and social unrest in poorer countries.
As Pakistan witnesses an uptick in attacks by TTP, there are reports claiming that a military delegation from Pakistan traveled to Afghanistan to negotiate peace talks with TTP.
PML-N used PTI's "economic incompetence" as one of the reasons for bringing in the vote of no-confidence against Imran Khan. However, now the PML-N government finds itself in a similar situation.
In Colombo, the commercial capital, long queues of auto rickshaws, the most popular means of transport in the city, lined up at gas stations in a fruitless wait for fuel.