Basrah crude prices drop despite global oil market gains
![Basrah crude prices drop despite global oil market gains](https://arcellabucket.fra1.cdn.digitaloceanspaces.com/media/arcella/1722928617533.jpg)
2024-08-06T07:17:52+00:00
Shafaq News/ On Tuesday, Basrah crude oil prices fell, despite a rise in global oil markets.
The price of Basrah Heavy crude decreased by $4.30 to $83.97 per barrel. Basrah Medium crude prices also fell by $4.30, reaching $74.09 per barrel.
Brent crude futures gained 76 cents, or 1%, to $77.06 a barrel by 0638 GMT, while US West Texas Intermediate crude futures climbed 92 cents, or 1.26%, to $73.86.