Basrah crudes drop despite global surge

Basrah crudes drop despite global surge
2025-03-20T06:41:48+00:00

Shafaq News/ On Thursday, Basrah crude oil prices edged lower with a surge in global oil prices.

Basrah Heavy crude decreased by $1.04 or 1.51% to $67.80 per barrel, and Basrah Medium crude by $1.04 (1.48%), reaching $70.85 per barrel.

Brent crude futures rose 43 cents, or 0.6%, to stand at $71.21 a barrel by 0423 GMT, their highest level since March 3. US West Texas Intermediate crude (WTI) gained 38 cents, or 0.6%, to $67.54.

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