Basra crudes' prices rise on Wednesday

Basra crudes' prices rise on Wednesday
2023-11-15T07:25:05+00:00

Shafaq News / The rates for Basra Heavy crude rose by $1.36 to reach $80.33 per barrel, while Basra intermediate crude increased by $1.66 to reach $83.39 per barrel.

Following a brief period of fluctuation, global oil prices have stabilized, as the market absorbed differing perspectives regarding supply and demand forecasts. A sector report also indicated an increase in U.S. inventories.

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