Basra Heavy and Medium Crude Prices Rise

Basra Heavy and Medium crude prices rose today, Wednesday, with the rise in oil prices in global markets.

The price of Basra Heavy crude rose $1.11 to reach $80.95, and the price of Basra Medium crude rose $1.11 to reach $83.80.

Oil prices rose slig…

Basra Heavy and Medium crude prices rose today, Wednesday, with the rise in oil prices in global markets. The price of Basra Heavy crude rose $1.11 to reach $80.95, and the price of Basra Medium crude rose $1.11 to reach $83.80. Oil prices rose slightly in early trading today, Wednesday, as concerns about the escalation of conflict in Europe and the Middle East dispelled demand concerns following an unexpected increase in US crude inventories. Source: National Iraqi News Agency