Basra crude drops with a decrease in global prices
Shafaq News/ Basra crude edged lower on Monday, with global oil prices falling.
Basra Heavy crude dropped 9 cents to $74.10, while Basra Intermediate crude fell 9 cents to $76.81.
Globally, Oil prices fell in early Asian trade after Israel’s series of attacks in southern Gaza.
Brent crude futures were down 43 cents, or 0.5%, at $81.76 a barrel, while U.S. West Texas Intermediate crude futures were 46 cents, or 0.6% lower, at $76.38 a barrel at 0135 GMT.