Basrah crudes drop, mirror global oil prices

Basrah crudes drop, mirror global oil prices
2025-02-18T06:55:07+00:00

Shafaq News/ On Tuesday, Basrah crude oil prices edged lower with a surge in global oil prices.

Basrah Heavy crude increased by one cent or 0.01% to $74.52 per barrel, and Basrah Medium crude by one cent (0.01%), reaching $77.57 per barrel.

In the global market, Brent crude futures rose 15 cents, or 0.2%, to $75.37 per barrel as of 0454 GMT.

US West Texas Intermediate (WTI) crude futures climbed 67 cents from Friday’s close to $71.41 per barrel.

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