Basra: Basra crude oil prices fell on Wednesday. Basra Medium crude oil reached $69.34 per barrel, while Basra Heavy crude oil reached $66.29 per barrel, a change of -1.08 for both.

According to National Iraqi News Agency, this decline comes despite higher global oil prices. Brent crude rose by 43 cents, or 0.6%, to $68.07 per barrel, while US West Texas Intermediate crude oil rose by 40 cents, or 0.6%, to $65.56 per barrel.