Shafaq News- Basrah
Iraq’s Basrah crude jumped nearly 12% on Thursday, even as global oil markets declined.
Basrah Heavy crude climbed by $14.44 to $135.33 per barrel, while Basrah Medium crude rose by $14.44 to settle at $137.43 per barrel.
Brent crude futures fell $2.05, or 1.7%, to $115.98 a barrel as of 1016 GMT.