Basrah crude prices dip as global markets stabilize

Basrah crude prices dip as global markets stabilize
2024-07-23T07:24:23+00:00

Shafaq News/ On Tuesday, Basrah crude prices dropped slightly amid a stabilization in the global markets.

Basrah Heavy crude decreased by $1.58 to $77.83 per barrel. Basrah Medium crude recorded a loss of $1.58, reaching $80.78 per barrel.

Oil prices found stability on Tuesday, following a two-day downward trend.

Brent crude futures for September delivery edged slightly higher by 2 cents, reaching $82.42 a barrel by 0320 GMT. Meanwhile, U.S. West Texas Intermediate crude for September delivery dipped slightly by 2 cents, settling at $78.38 per barrel.

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