Basrah crude tops $100 mark in rare price spike

2026-03-10 - 06:45

Shafaq News- Basrah Iraq’s Basrah crude climbed on Tuesday, hovering near $100 a barrel, amid a decline in global oil markets. Basrah Heavy crude rose 21.29% to $100.21 per barrel, while Basrah Medium crude gained 20.80%, reaching $102.16 per barrel. Brent crude futures fell $4.17, or 4.2%, to $94.79 a barrel. US West Texas Intermediate (WTI) crude was down $3.81, or 4%, to $90.96 a barrel.