Basrah crudes drop despite global rise
2026-01-08T06:55:43+00:00
Shafaq News– Basrah
On Thursday, Iraq’s Basrah crude edged lower with a surge in global oil prices.
Basrah Heavy crude fell 3.82% to $55.08 per barrel, and Basrah Medium crude declined 3.66%, reaching $57.63 per barrel.
Brent crude futures rose 24 cents, or 0.4%, to $60.20 a barrel. US West Texas Intermediate (WTI) crude futures increased 22 cents, or 0.39%, to $56.21.
