Basra Heavy and Medium crude prices rose today, Wednesday, as oil prices rose in global markets.
Basra Heavy crude prices rose $1.4 to $75.61, while Basra Medium crude prices rose $1.4 to $78.61.
Oil prices rose, after a sharp decline in the previous session ended a three-day winning streak as investors oscillated between concerns about possible supply disruptions from Libya and the Middle East and concerns about global fuel demand.
Source: National Iraqi News Agency