Thursday, 6 Oct 2022

Basra, the medium and heavy crudes, rose by more than 1%

Baghdad / NINA / - The prices of Basra's medium and heavy crudes rose today, Wednesday, by more than 1%.

Basra medium crude, exported to Asia, rose 0.99, with a change of 1.05%, to reach $95.19 per barrel.

Basra Heavy crude, exported to Asia, rose 0.99, or 1.10 percent, to reach $90.59.

Meanwhile, the prices of OPEC crudes fluctuated, as Saudi Arabian crude recorded 102.16 dollars per barrel, an increase of 57 cents, and the UAE Murban mix recorded 94.40 dollars per barrel, a decrease of 2.57 dollars per barrel.

International oil prices witnessed yesterday, Tuesday, an increase after the Organization of the Petroleum Exporting Countries agreed to reduce its production for the month of October by 100,000 barrels per day. Prices fell again today, Wednesday, with growing concerns about demand.

Source: National Iraqi News Agency

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