Basra Crude Holds Steady at $78


Basra: Basra crude prices (heavy and medium) opened weekly trading in the global market at a stability above $78 per barrel.

According to National Iraqi News Agency, Basra heavy crude recorded $74.92 per barrel, while the average recorded $87.12 per barrel. The data also showed a slight increase in global crude prices, as British Brent crude recorded $75.26, while US West Texas Intermediate crude recorded $71.55 per barrel.