Basrah crudes drop despite global rise
2025-12-18T06:51:56+00:00
Shafaq News – Basrah
On Thursday, Iraq’s Basrah crude edged lower with a surge in global oil prices.
Basrah Heavy crude fell 0.88% to $56.42 per barrel, and Basrah Medium crude declined 0.84%, reaching $58.97 per barrel.
Brent crude futures rose 42 cents, or 0.7%, to $60.10 a barrel by 0256 GMT. US West Texas Intermediate (WTI) crude futures increased 44 cents, or 0.79%, to $56.38.