Latest news with #Basrah
Shafaq News
2 days ago
- Business
- Shafaq News
Basrah crudes drop with global downturn
Shafaq News/ Basrah crude oil prices edged lower on Thursday, tracking a global decline in oil markets. Basrah Heavy crude fell by 0.27% to $63.56 per barrel, while Basrah Medium dropped by 0.24% to $66.36 per barrel. Brent crude futures fell 49 cents, or 0.7%, to $69.28 a barrel. West Texas Intermediate (WTI) crude futures dropped 41 cents, or 0.6%, to $67.74.
Shafaq News
05-05-2025
- Business
- Shafaq News
Basrah crude prices fall as global oil markets decline
Shafaq News/ Basrah crude prices fell on Monday, following a global decline in oil markets. Basrah Heavy crude dropped by $1.79, or 2.34%, to settle at $60.12 per barrel, while Basrah Medium crude declined by the same amount, reaching $63.57 per barrel. At 22:40 GMT, Brent crude fell by $2.04 to $59.25 per barrel, while US West Texas Intermediate (WTI) crude dropped $2.10 to $56.19 per barrel.
Shafaq News
29-04-2025
- Business
- Shafaq News
Basrah crudes drop with global decline
Shafaq News/ Basrah crude oil prices edged lower on Tuesday, tracking a global decline in oil markets. Basrah Heavy crude fell by 22 cents to $64.29 per barrel, while Basrah Medium dropped by 22 cents to $67.44 per barrel. Brent crude futures slipped 51 cents, or 0.8%, to $65.35 per barrel by 06:35 GMT. US West Texas Intermediate (WTI) crude futures fell 50 cents, or 0.8%, to $61.55 a barrel.
Shafaq News
24-04-2025
- Business
- Shafaq News
Basrah Crudes record an upward trend amid global oil surge
Shafaq News/ On Thursday, Basrah crude prices rose sharply, tracking gains in global oil markets amid signs of easing trade tensions between the US and China. Basrah Heavy crude climbed by $1.65, or 2.57%, to reach $65.77 per barrel, while Basrah Medium also increased by $1.65, or 2.45%, to settle at $68.92. Global benchmark Brent crude edged up to $66.16 per barrel, while US West Texas Intermediate (WTI) was trading at $62.25.
Shafaq News
09-04-2025
- Business
- Shafaq News
Basrah crudes rise as global oil markets decline
Shafaq News/ Basrah crude prices edged higher on Wednesday, despite a global decline in oil prices. Basrah Heavy crude increased by 91 cents, or 1.55%, to settle at $59.78 per barrel, while Basrah Medium crude declined by the same amount, reaching $62.83 per barrel. Brent crude recorded $60.44 per barrel, while US West Texas Intermediate (WTI) crude was priced at $$57.12 per barrel.
