Basrah crude slips against global upward trend

Basrah crude slips against global upward trend
2026-01-28T06:49:36+00:00

Shafaq News– Basrah

Iraq’s Basrah crude recorded modest losses on Wednesday, with prices easing by 2.34%, despite a surge in global oil prices.

Basrah Heavy crude fell to $60.16 per barrel, and Basrah Medium crude declined 1.29%, reaching $62.61 per barrel.

Brent crude futures rose 28 cents, or 0.4%, to $67.85 a barrel. US West Texas Intermediate (WTI) crude climbed 35 cents, or 0.6%, to $62.74 a barrel.

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