Shafaq News– Basrah

Iraq’s Basrah crude recorded slight losses on Wednesday, with prices easing by around 2% amid a broader downturn in global oil markets.

Basrah Heavy crude fell $1.13 to $112.50 per barrel, and Basrah Medium crude declined $1.13, reaching $114.60 per barrel.

Brent crude dropped 3 cents, or 0.02%, to $98.51 per barrel. US West Texas Intermediate (WTI) slid 13 cents, or 0.14%, to $89.53.