Basrah crude prices surge despite global oil decline

2025-05-15T06:22:58+00:00
Shafaq News/ Basrah crude prices rose on Thursday, despite a global decline in oil markets.
Basrah Heavy crude increased by $1.21, or 1.94%, to settle at $63.55 per barrel, while Basrah Medium crude rose by the same amount, marking a 1.85% increase to $66.70 per barrel.
At 04:05 GMT, Brent crude fell by $1.49 to $64.60 per barrel, while US West Texas Intermediate (WTI) crude dropped $1.46 to $61.69 per barrel.