Basra crude prices to Asian markets rise amid tight supply

Shafaq News/ The price of Basra crudes to Asian customers edged higher on Wednesday driven by the rising prices of benchmark crudes amid concerns over recession.

Basra's heavy crudes gained $0.48, equivalent to 0.93%, settling at $106.3, while the intermediate reached $103.1; $0.98, equivalent to 0.93%, above yesterday.