Basra crude oil declined despite the rise in global oil prices

Baghdad, The prices of Basra heavy and medium crude oil fell today, Thursday, despite the rise in oil prices in global markets. The prices of Basra Heavy crude fell by 66 cents to reach $78.66 per barrel, and the prices of Basra Medium crude fell by 66 cents to reach $81.76 per barrel. Global oil prices rose supported by a larger-than-expected decline in crude inventories in the United States, the world's largest oil consumer, last week. Source: National Iraqi News Agency