Basrah crude prices dip as global oil market declines
![Basrah crude prices dip as global oil market declines](https://arcellabucket.fra1.cdn.digitaloceanspaces.com/media/arcella/1723532347234.jpeg)
2024-08-13T06:59:23+00:00
Shafaq News/ Basrah crude oil prices experienced a slight decline on Tuesday, reflecting a downturn in global oil prices.
The price of Basrah Heavy crude decreased by 9 cents to $73.45 per barrel. Basrah Medium crude prices also fell by 9 cents, reaching $76.34 per barrel.
Global benchmark Brent crude futures settled higher at $82.30 a barrel, gaining $2.64, or 3.3%, while US West Texas Intermediate crude futures settled at $80.06 a barrel, up $3.22, or 4.2%.