Basrah crude oil prices have experienced mixed results in the past week. Basrah Heavy crude recorded a slight decrease of $0.42, closing at $82.98, resulting in a weekly loss of $0.73 or 0.87%. On the other hand, Basrah Medium crude dropped by $0.42, settling at $85.56, with weekly gains of $0.27 or 0.87%. These changes in Basrah crude prices come amidst fluctuations in the global oil market.
Despite the mixed performance of Basrah crude, global oil prices also experienced some volatility. Brent crude futures fell 89 cents to settle at $86.54 a barrel, while WTI crude futures settled at $83.16 a barrel. Brent crude posted a weekly gain of 0.4%, and WTI futures rose 2.1% [05d1d4e9].