Basrah crude prices dip slightly despite global oil market gains
2025-07-17T07:06:15+00:00
Shafaq News
– Baghdad
Basrah crude prices saw a slight decline on Thursday, despite a general upward trend in global oil markets.
Basrah Heavy decreased by $0.10 to reach $67.39 per barrel, while Basrah Medium recorded the same decrease, reaching $70.44 per barrel.
Global oil markets rebounded from earlier losses, supported by stronger-than-expected economic data and signs of easing trade tensions.
International benchmark Brent crude rose to $68.79 per barrel, while US West Texas Intermediate (WTI) reached $66.69.
