Report

rss

Iraq News

Kurdistan

Economy

World

All News

For the second day in a row, Basra crudes continue to drop today

Category: Economy

Date: 2021-12-01T10:02:57+0000
For the second day in a row, Basra crudes continue to drop today

Shafaq News/ Basra's light and heavy crudes have heen shrugging gains for two consecutive days amid a drop of global oil prices.

Basra light crude exported to Asia lost 4.78%, registering $71.69 on Wednesday. Its heavy counterpart dropped by $2.69, equivalent to 3.78%, to $68.39.

The Saudi Arab light crude settled at 73.36 a barrel, while UAE's Murban Mixture and the Algerian Saharan blend registered $72.87 and $70.61 a barrel, respectively. Nigeria's Bonny light dropped to $69.81, while the Angolian Girrasol rested at $70.55.

A barrel of Bonny light (Nigeria) reported $84.30, while Angola's Girassol registered $84.45.

related

Oil steady near one-month highs as IEA, OPEC raise forecasts

Date: 2021-04-15 06:50:40
Oil steady near one-month highs as IEA, OPEC raise forecasts

Iraq is looking to boost its oil production capacity to 5 million b/d by 2025: minister

Date: 2022-05-30 09:25:09
Iraq is looking to boost its oil production capacity to 5 million b/d by 2025: minister

Oil Rallies as Trump Returns To The White House

Date: 2020-10-06 15:47:01
Oil Rallies as Trump Returns To The White House

Oil experts: Iraq's crude market is stable

Date: 2021-12-23 15:08:21
Oil experts: Iraq's crude market is stable

US crude drops to $ 14 a barrel, its lowest level in 20 years

Date: 2020-04-20 10:08:19
US crude drops to $ 14 a barrel, its lowest level in 20 years

Oil prices settle as the risk of an expected hurricane disappears

Date: 2020-08-25 06:08:35
Oil prices settle as the risk of an expected hurricane disappears

Oil's losing streak hits six days, benchmarks touch May lows

Date: 2021-08-20 07:17:00
Oil's losing streak hits six days, benchmarks touch May lows

Oil rises despite surprise U.S. stock build weighs

Date: 2021-02-24 17:58:27
Oil rises despite surprise U.S. stock build weighs