2026-07-06T07:03:44+00:00

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Shafaq News-
Basrah

Basrah Medium
crude fell 8.28% over the past month, closing at $57.19 per barrel, according
to oil price data reviewed by Shafaq News on Monday.

The price
dropped $5.17 from last month’s level of $62.36 per barrel, extending losses in
step with a broader pullback in global oil markets.

On a
year-on-year basis, the crude remains down 8.28%, having lost roughly $5.17
compared to its level a year earlier, the data showed. The figure reflects a
continued decline from year-ago levels, despite a partial recovery in recent
weeks.