Shafaq News - Basrah
On Wednesday, Iraq's Basrah crude edged up with a global increase in oil prices.
Basrah Heavy crude rose by 36 cents to $59.98 per barrel, and Basrah Medium crude by 36 cents, reaching $61.13 per barrel.
Brent crude futures climbed by 94 cents, or 1.5%, reaching $62.26 a barrel by 0400 GMT. US West Texas Intermediate crude gained 92 cents, or 1.6%, to $58.16 a barrel.