Basrah crudes surge despite global oil stabilization
2024-10-09T07:02:44+00:00
Shafaq News/ On Wednesday, the prices of Basrah Heavy and Basrah Medium crude rose alongside stable oil prices in global markets.
Basrah Heavy crude increased by $1.78 to $74.78, while Basrah Medium crude also rose by $1.78 to$77.98.
Global oil prices remained stable as traders assessed developments in the Middle East conflict against ongoing bearish demand forecasts.
Brent crude futures rose 22 cents, or 0.3%, to $77.4 a barrel. US West Texas Intermediate futures rose 14 cents to $73.71 a barrel.
