Shafaq News– Basrah

Basrah crude fell more than 8% on Thursday, diverging from rising global oil prices.

Basrah Heavy crude fell $10.96, or 8.88% to $112.44 per barrel, and Basrah Medium crude declined $10.96, or 8.73%, reaching $114.54 per barrel.

Brent crude futures were up $1.96, or 2.07%, at $96.71 a barrel. US West Texas Intermediate (WTI) crude rose $2.60, or 2.75%, to $97.01 a barrel.