For the second day in a row, Basra crudes continue to drop today

For the second day in a row, Basra crudes continue to drop today
2021-12-01T10:02:57+00:00

Shafaq News/ Basra's light and heavy crudes have heen shrugging gains for two consecutive days amid a drop of global oil prices.

Basra light crude exported to Asia lost 4.78%, registering $71.69 on Wednesday. Its heavy counterpart dropped by $2.69, equivalent to 3.78%, to $68.39.

The Saudi Arab light crude settled at 73.36 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $72.87 and $70.61 a barrel, respectively. Nigeria's Bonny light dropped to $69.81, while the Angolian Girrasol rested at $70.55.

A barrel of Bonny light (Nigeria) reported $84.30, while Angola's Girassol registered $84.45.

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