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 1.83% to $97.38 per barrel, and Basrah Medium crude declined 1.80%, reaching $99.48 per barrel.

Brent crude dropped $1.42, or 1.43%, to $98.16 a barrel. ⁠US West Texas Intermediate (WTI) slid $1.66, or 1.77%, to $92.23 a barrel.