Basrah crudes fall despite global gains

Basrah crudes fall despite global gains
2026-03-12T07:21:34+00:00

Shafaq News- Basrah

Iraq’s Basrah crude declined more than 1% on Thursday, amid strength in global oil markets.

Basrah Heavy crude fell by $1.70, or 1.16%, to $90.89 per barrel, while Basrah Medium crude slipped by $1.70, or 1.14%, to settle at $92.84 per barrel.

Brent futures climbed $4.18, or 4.8%, to settle at $91.98 a barrel, while US West Texas Intermediate closed $3.80 higher, or 4.6%, at $87.25 a barrel.

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