Shafaq News/ Basrah crude prices dropped on Thursday, despite a global surge in oil markets.
Basrah Heavy crude fell 41 cents to settle at $60.65 per barrel, while Basrah Medium crude declined by the same amount to $63.60 per barrel.
At 04:05 GMT, Brent crude rose $0.78 to $65.68 per barrel, while US West Texas Intermediate (WTI) crude increased $0.78 to $62.62 per barrel.