Shafaq News– Basrah
Iraq’s Basrah crude recorded modest losses on Wednesday, with prices easing by 2.34%, despite a surge in global oil prices.
Basrah Heavy crude fell to $60.16 per barrel, and Basrah Medium crude declined 1.29%, reaching $62.61 per barrel.
Brent crude futures rose 28 cents, or 0.4%, to $67.85 a barrel. US West Texas Intermediate (WTI) crude climbed 35 cents, or 0.6%, to $62.74 a barrel.