Basrah crude prices fall as global oil markets decline

2025-05-05T06:30:58+00:00
Shafaq News/ Basrah crude prices fell on Monday, following a global decline in oil markets.
Basrah Heavy crude dropped by $1.79, or 2.34%, to settle at $60.12 per barrel, while Basrah Medium crude declined by the same amount, reaching $63.57 per barrel.
At 22:40 GMT, Brent crude fell by $2.04 to $59.25 per barrel, while US West Texas Intermediate (WTI) crude dropped $2.10 to $56.19 per barrel.