Basrah crudes surge despite global oil decline

2025-05-22T07:52:47+00:00
Shafaq News/ Basrah crude prices rose on Thursday, despite a global decline in oil markets.
Basrah Heavy crude increased by $1.69, or 1.12%, to settle at $62.29 per barrel, while Basrah Medium crude rose by the same amount, marking a 1.7% increase to $65.44 per barrel.
At 04:56 GMT, Brent crude fell by $0.33 to $64.58 per barrel, while US West Texas Intermediate (WTI) crude dropped $0.32 to $61.25 per barrel.