Shafaq News– Basrah
On Tuesday, Basrah crude prices recorded more than 6% gains, moving in line with the broader trend in global oil markets
Basrah Heavy crude rose by $4.25, or 6.30%, to $71.72 per barrel, while Basra Medium crude increased by $4.25, or 6.12%, to settle at $73.67 per barrel.
In international markets, Brent crude futures rose $1.70, or 2.2%, to $79.44 a barrel. US West Texas Intermediate crude (WTI) climbed $1.17, or 1.6%, to $72.40 a barrel.