Shafaq News- Basrah
Iraq’s Basrah crude slipped morethan 1% on Thursday, as major global benchmarks moved lower.
Basrah Heavy crude fell by 66 cents,or 1.05%, to $62.32 per barrel, while Basrah Medium crude dropped by 66 cents,or 1.01%, to settle at $64.42 per barrel.
Brent crude declined by 75 cents, or1.05%, to $70.82 per barrel. US West Texas Intermediate crude lost 79 cents, or1.15%, to $67.78 per barrel.
Saudi Arabia’s Arab Light crudeedged down 0.57% to $78.42 per barrel, while Kuwait Export Blend retreated4.96% to $79.44. In contrast, UAE Das crude climbed 2.62% to $68.64 per barrel,Qatar Land crude gained 2.63% to $68.34, and Oman crude advanced 6.76% to$68.56 per barrel. OPEC's basket slipped 3.60% to $77.37 per barrel.
