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Notable Rise in Basra Crude Prices in Global Markets Amid Slight Decline for Brent and WTI
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Notable Rise in Basra Crude Prices in Global Markets Amid Slight Decline for Brent and WTI

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Jun 04, 2026 1 min read
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Iraqi oil prices recorded an increase during global market trading, with Basra Medium crude rising to $74.18 per barrel, while Basra Heavy crude reached $72.08 per barrel, both achieving a growth rate of +3.83. Conversely, global oil prices experienced a slight decline; Brent crude recorded $97.26 per barrel with a drop of -0.51, and West Texas Intermediate (WTI) settled at $95.42 per barrel, down by -0.60.