Shafaq News- Basrah
Iraq’s Basrah crude increased by more than 3.5% on Wednesday, tracking abroader rise in global oil prices amid continued uncertainty over US–Irannegotiations.
Basrah Heavy crude climbed $2.32, or 3.82%, to $62.98 per barrel, whileBasrah Medium crude advanced to $65.08 per barrel, gaining 3.70%.
Global benchmarks also moved higher, with Brent crude up 0.45% to $73.28 perbarrel. US West Texas Intermediate (WTI) traded near $69.84 per barrel, upabout 0.49%, or 34 cents.
Saudi Arabia’s Arab Light crude rose 3.00% to $78.87 per barrel. Qatar’s AlShaheen crude gained 2.87% to $67.84, and United Arab Emirates’s Das crude edged up0.33% to settle at $66.89 per barrel.
In contrast, the OPEC basket of crudes fell 3.60% to $77.37 per barrel,while Dubai crude remained unchanged at $79.52 per barrel.