Business

Basra Crude Oil Prices Experience Notable Decline

Basra: Prices of Basra Heavy and Medium crude oil fell by more than 1% on Tuesday. Basra Heavy crude prices dropped 96 cents, or 1.47%, settling at $64.35, while Medium crude prices decreased by 96 cents, or 1.40%, to $67.50.

According to National I…

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Oil Rises Despite Ongoing Economic Concerns

Baghdad: Oil prices rose on Tuesday, despite continued concerns about adverse economic conditions caused by U.S. tariffs and monetary policy that could weaken fuel demand. Brent crude futures increased by 36 cents, or 0.5%, reaching $66.62 a barrel. U…

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Oil Prices See Notable Decline of Over 2 Percent

New York: Oil prices fell more than two percent on Monday. Brent crude futures witnessed a decrease of $1.70, or 2.5 percent, settling at $66.26 a barrel. This drop comes after a rise of 3.2 percent on Thursday. Similarly, US West Texas Intermediate c…

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