Eco

Decline in Basra Heavy and Medium Crude Prices Today

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Rafidayn 24 News Editorial Team Nov 05, 2026
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Decline in Basra Heavy and Medium Crude Prices Today

The prices of Basra heavy and medium crude experienced a significant decline during trading on Thursday. Basra heavy crude dropped to $62.31 per barrel, marking a decrease of $7.84, which corresponds to an 11.18% decline. Similarly, Basra medium crude fell to $66.31 per barrel, decreasing by the same amount and by 10.57%. This decline reflects current market movements and their impact on local oil prices.