Baghdad The prices of Basra’s medium and heavy crude oil rose today, Wednesday, coinciding with an increase in international prices.

Basra Medium crude, exported to Asia, rose $1.75, with a change rate of 1.84%, to reach $97.01 per barrel.

Basra Heavy crude, exported to Asia, also rose $1.75, with a change rate of 1.92%, to reach $92.91.

Also, the prices of OPEC crudes rose, as the price of Saudi Arabian Light crude reached $104.22, an increase of $1.69, and the UAE’s Murban crude rose to $100.53, an increase of $3.01.

Oil prices rose with Saudi threats to return to reducing OPEC production in the event of a drop in prices, while limiting expectations of an increase in supply with the possibility of reviving the Iran-US nuclear agreement.

Source: National Iraqi News Agency