Basrah crude climbs despite global oil stability
2025-09-17T07:16:42+00:00
Shafaq News – Basrah
Prices of Basrah crude rose on Wednesday even as global oil benchmarks held steady.
Basrah Heavy gained $1.57, or 2.46%, to settle at $65.31 a barrel, while Basrah Medium climbed by the same $1.57 margin, up 2.35% to $68.41.
Oil prices steadied after rising more than 1% in the previous session following drone attacks on Russian ports and refineries, as traders awaited an expected interest rate cut by the U.S. Federal Reserve.
Brent crude stood at $68.46 a barrel, while West Texas Intermediate was at $64.51.
