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Global oil drop drives Basrah crude prices lower

Global oil drop drives Basrah crude prices lower
Global oil drop drives Basrah crude prices lower

2024-08-21 11:00:06 - From: Shafaq News


Shafaq News/ Basrah crude oil pricesexperienced a noticeable decline on Wednesday,reflecting a downturn in global oil prices.

The price of Basrah Heavy crude fellby $1.74 to $72.61 per barrel, and Basrah Medium crude prices dropped by thesame amount to $75.61 per barrel.

Brent futures for October deliverydropped 46 cents, or 0.6%, to $77.20 per barrel, while US West TexasIntermediate (WTI) crude for September delivery fell 33 cents, or 0.4%, to$74.04 on its last day as the front-month.