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Basrah crudes drop with a global decline

Shafaq News 2026/05/27 10:25

Shafaq News– Basrah

Iraq’s Basrah crude recorded slight losses on Wednesday, withprices easing by around 2% amid a broader downturn in global oil markets.

Basrah Heavy crude fell 1.83% to $97.38 per barrel, andBasrah Medium crude declined 1.80%, reaching $99.48 per barrel.

Brent crude dropped $1.42, or 1.43%, to $98.16 a barrel. ⁠US West Texas Intermediate(WTI) slid $1.66, or 1.77%, to $92.23 a barrel.

Read full story at source (Shafaq News)