Shafaq News/ On Thursday, Basrah crude oil prices edged lower despite a surge in global oil prices.

Basrah Heavy crude decreased by $1.65 to $73.13 per barrel, and Basrah Medium crude by $1.65, reaching $76.33 per barrel.

Brent crude futures rose 63 cents, or 0.8%, to $77.21 a barrel, while the US West Texas Intermediate (WTI) futures were up 63 cents, or 0.9%, at $73.87 a barrel at 0423 GMT.