Slight increase in Basrah oil prices with global oil market gains
2024-09-09 10:25:06 - From: Shafaq News
Shafaq News/On Monday, Basrah crude oil climbed , following the broader global oil markettrend.
Basrah Heavy increased by 21cents, reaching $68.24, while Basrah Medium also rose by 21 cents, reaching$71.28.
Global oil prices climbed asa potential hurricane approached the US Gulf Coast and markets rebounded from aselloff triggered by weaker-than-expected US jobs data released on Friday.
By 01:46 GMT, West TexasIntermediate (WTI) crude futures rose by $1, or 1.48%, to $68.67 per barrel.Brent crude futures also saw an increase of 99 cents, or 1.39%, reaching $72.05per barrel.
