2026-07-07T06:44:42+00:00
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Shafaq News-
Baghdad
Iraq’s two
Basrah crude grades rose in Tuesday trading, tracking a broader rally across
global benchmarks.
Basrah Medium
gained 67 cents to reach $60.76 per barrel, a rise of 1.17%. Basrah Heavy
climbed by the same margin, adding 67 cents to settle at $57.86 per barrel, up
1.12%.
As of 0350 GMT,
Brent futures were up 38 cents, or 0.5%, at $72.37 a barrel, while US West Texas
Intermediate rose 30 cents, or 0.4%, to $68.85 a barrel, after both benchmarks
settled near pre-Iran war levels on Monday.
Emirati Murban
crude rose 0.30% to $66.68 per barrel, while Saudi Arab Light advanced 0.85% to
settle at $75.68 per barrel.
The OPEC
reference basket stood at $77.37 per barrel, according to the latest official
data.