Search
Close this search box.
Search

Basra crude oil declined despite the rise in global oil prices


Baghdad, The prices of Basra heavy and medium crude oil fell today, Thursday, despite the rise in oil prices in global markets.

The prices of Basra Heavy crude fell by 66 cents to reach $78.66 per barrel, and the prices of Basra Medium crude fell by 66 cents to reach $81.76 per barrel.

Global oil prices rose supported by a larger-than-expected decline in crude inventories in the United States, the world’s largest oil consumer, last week.

Source: National Iraqi News Agency

Popular News

Gold Prices Climb by One Percent Amid Declining Oil Prices

London:Gold prices increased by approximately one percent, bolstered by a decline in oil prices as investors anticipate the upcoming US Federal Reserve monetary policy meeting for insights on future interest rate directions.

According to Qatar News …