Basrah crudes edge higher despite global oil decline
2025-07-09T11:29:00+00:00
Shafaq News – Basrah
Basrah crude oil prices rose on Wednesday, defying a broader decline in global markets.
Basrah Heavy gained $1.22 to reach $67.90 per barrel, while Basrah Medium matched the increase, climbing to $71.
Globally, oil prices slipped after hitting a two-week high in the previous session, as investors reacted to developments surrounding new US tariffs.
Brent crude dropped to $69.95 per barrel, and US West Texas Intermediate (WTI) settled at $68.12.
