Basra oil dropped, affected by global prices
2022-07-13T09:52:04+00:00
Shafaq News/ The Basra Medium and Heavy crude prices dropped on Wednesday, affected by the global decline in oil prices.
Basra Medium exported to Asia dropped 0.16 dollars, or 0.16%, to reach 99.50 dollars per barrel.
Basra Heavy crude, exported to Asia, edged higher by 0.16 dollars, or 0.17 %, to reach 96.15 dollars.
In the past two days, global oil prices fell by more than 7% due to fears of a worldwide recession and the renewal of the Covid-19 epidemic in China, the largest oil importer in the world.
