Basrah Crude plunges amid global oil price decline
2024-07-30 12:00:06 - From: Shafaq News
Shafaq News/On Tuesday, Basrah crude oil dropped, mirroring the global oil prices.
Basrah Heavycrude edged lower by $0.85 to $76.53, while Basrah Medium fell by $0.85 to $79.43.
Global oilprices rose, narrowing last week's losses due to concerns about escalatingconflict in the Middle East.
Brent crudefutures increased by 33 cents, or 0.4%, to $81.46 a barrel at 0425 GMT. U.S.West Texas Intermediate (WTI) crude futures rose by 23 cents, or 0.3%, to$77.39 a barrel.
