Shafaq News- Basrah
Basrah crude slipped by around 5% on Wednesday, moving against broader gains in global oil markets.
Basrah Heavy crude lost $3.18, or 4.94%, to settle at $61.22 per barrel, while Basrah Medium crude declined 4.78% to $63.32 per barrel.
Brent crude gained 66 cents, or 0.7%, reaching $92.11 per barrel. US West Texas Intermediate (WTI) also rose 60 cents, or 0.7%, to $88.80 per barrel.