Basra crude prices to Asian markets drop on Tuesday
2022-07-12T08:27:55+00:00
Shafaq News/ The price of Basra crudes to Asian customers climbed on Tuesday amid concerns over recession.
Basra's heavy crudes climbed by $0.72, equivalent to 0.75%, settling at $96.31, while the intermediate reached $99.66; $0.72, equivalent to 0.73%, above yesterday.
Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world's biggest crude importer, and fears of a global economic slowdown weighed on the fuel demand outlook.
