Shafaq News- Basrah
Iraq’s Basrah crude jumped more than35% on Thursday, as major global benchmarks moved lower.
Basrah Heavy crude climbed to $62.57per barrel, up 36.68%, while Basrah Medium crude rose to $64.67 per barrel,gaining 35.07%.
Brent crude fell to $72.27 perbarrel, down 1.99%, while US West Texas Intermediate crude declined to $69.12per barrel, losing 1.76%. OPEC's basket also slipped 1.63% to $80.26 perbarrel.
Saudi Arabia’s Arab Light crude fellto $78.14 per barrel, Kuwait Export Blend dropped to $83.59, and UAE Murbancrude retreated 4.57% to $66.45 per barrel.