Eco

Basra Crude Prices Decline Amid Global Oil Price Rise

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Rafidayn 24 News Editorial Team Oct 28, 2026
1 min read
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Basra Crude Prices Decline Amid Global Oil Price Rise

Prices of Basra heavy and medium crude declined today, Wednesday, despite the rise in Brent and West Texas Intermediate crude prices in global markets. The price of Basra heavy crude fell to $71.42 per barrel, decreasing by $1.78 or 2.43%. Similarly, Basra medium crude dropped to $75.42 per barrel, losing $1.78 or 2.31%. Conversely, Brent crude rose to $115.47 per barrel, up by $1.59 or 1.40%. The U.S. West Texas Intermediate crude increased to $101.34, gaining $1.44 or 1.44%. Additionally, the OPEC basket price climbed to $117.25 per barrel, rising by $2.16 or 1.88%.