Basra Heavy and Medium Crude Prices Rise

Basra Heavy and Medium crude prices recorded a rise today, Wednesday, coinciding with the rise in oil prices in global markets. Basra Heavy crude prices rose 76 cents to reach $ 72.15, and Basra Medium crude prices rose 76 cents to reach $ 75.5. Oil prices also rose in global markets after a brief recovery in the previous session after industry data showed an unexpected increase in crude oil and gasoline inventories in the United States, which offset concerns about global oil supplies. Source: National Iraqi News Agency