Basrah crude climbs despite global oil stability
2025-08-27T06:35:30+00:00
Shafaq News – Basrah
Prices of Basrah crude rose on Wednesday even as global oil benchmarks held steady.
Basrah Heavy gained 49 cents, or 0.49%, to settle at $67.12 a barrel, while Basrah Medium climbed by the same margin, up 0.39% to $70.57.
International prices were little changed after Tuesday’s decline, with markets watching the potential impact of new US tariffs on India over its purchases of Russian supplies. Brent crude stood at $67.24 a barrel, while West Texas Intermediate was at $63.25.
