Basrah crudes jump over 3% amid global oil gains

2026-03-04 - 08:04

Shafaq News- Basrah Iraq’s Basrah crude climbed on Wednesday, hovering near $75 a barrel, amid rising global oil prices following the US–Israeli war with Iran. Basrah Heavy crude rose 3.24% to $74.40 per barrel, while Basrah Medium crude gained 3.15%, reaching $75.99 per barrel. Brent crude futures rose $1.17, or 1.4%, to $82.57 a barrel. US West Texas Intermediate (WTI) crude futures increased 72 cents, or 1%, to $75.28 a barrel.