Stable Basra crudes prices amid global oil market volatility

Stable Basra crudes prices amid global oil market volatility
2023-10-31T07:18:47+00:00

Shafaq News / Prices of Basra Heavy and intermediate crudes remained stable on Tuesday, in line with the global increase in oil prices.

Basra Heavy crude oil stabilized at $86.06, while Basra intermediate crude oil also remained stable at $89.20.

Global oil prices rose after dropping more than three percent in the previous session, as concerns about supply disruptions from conflicts in the Middle East outweighed weak Chinese data.

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