Basra Light Crude Price Decreases By More Than $3 A Barrel


Baghdad The price of Basra Light Crude decreased, recording a weekly loss, which amounted to more than $3, with the drop in oil prices last week.

Basra Light Crude decreased by $3.60 to $71.69, to record a weekly loss of $3.6, or 4.78%.

Brent crude rose by 21 cents to reach $69.88, but it recorded a weekly loss of $2.84, equivalent to 3.91% in a week.

The US West Texas Intermediate crude was settled down by 24 cents to reach $66.26 a barrel, recording a weekly loss of $1.91, equivalent to 2.8%.

Source: National Iraqi News Agency