Basrah crudes rise, diverging from global oil prices
2025-02-20T06:42:11+00:00
Shafaq News/ On Thursday, Basrah crude oil prices edged higher despite a decrease in global oil prices.
Basrah Heavy crude increased by 65 cents or 0.87% to $75.74 per barrel, and Basrah Medium crude by 65 cents (0.83%), reaching $78.79 per barrel.
Brent crude futures declined 22 cents, or 0.29%, to $75.82 a barrel by 0135 GMT while US West Texas Intermediate crude was at $71.95 a barrel, down 30 cents, or 0.42%.