Basrah crudes rise despite global oil decline
2025-08-26T06:01:40+00:00
Shafaq News – Basrah
Iraq’s Basrah crude grades gained on Tuesday even as international oil benchmarks slipped following earlier gains linked to the Russia–Ukraine conflict.
Basrah Heavy rose 27 cents, or 0.41%, to $66.63 a barrel, while Basrah Medium added 27 cents, or 0.39%, to $70.18.
Brent crude stood at $68.64 a barrel and US West Texas Intermediate (WTI) at $64.64, both edging lower after a nearly 2% rise in the previous session.