Basrah crudes drop, contrasting global oil prices

Last Update: 2024-12-02 10:56:25 - Source: Shafaq News

Shafaq News/ On Monday, Basrah crudeoil prices edged lower despite a surge in global oil prices.

Basrah Heavy crude decreased by 11cents to $68.40 per barrel, and Basrah Medium crude by 11 cents, reaching $71.62per barrel.

Brent crude futures climbed 34cents, or 0.47%, to $72.18 a barrel by 0452 GMT while US West TexasIntermediate crude was at $68.32 a barrel, up 32 cents, or 0.47%.