Basrah crudes climb despite global losses

2026-02-20 - 12:24

Shafaq News- Basrah Iraq’s Basrah crude advanced about 4% on Friday, amid a decline in global oil markets. Basrah Heavy crude rose by $2.67, or 4.08%, to $68.14 per barrel, while Basrah Medium crude gained $2.67, or 3.94%, to settle at $70.39 per barrel. Brent crude futures slipped 39 cents, or 0.5%, to $71.27. US West Texas Intermediate crude fell by 37 cents, or 0.6%, to $66.06 as of 1025 GMT.