Basra 'heavy and medium' crude prices decreased slightly, today, Monday, with the decline in global oil prices. Prices for Basra Heavy crude fell by 0.7 cents to reach $85.44, and prices for Basra Medium crude fell by 0.4 cents to reach $88.56. Global oil prices fell as market players reduced risk increases following an Iranian attack on Israel late on Saturday. Source: National Iraqi News Agency
Related Articles
Fed Chair Nominee Warsh Stresses Commitment to Independence
Washington: Kevin Warsh, nominated by US President Donald Trump to serve as the Federal Reserve’s next chair, said he was committed to preserving independence of monetary policy. The text of Warsh’s opening remarks for Tuesday’s hearing before the Sen…
New Zealand’s Trade Balance Surplus Decline in June
New Zealands trade surplus narrowed to just 9 million New Zealand dollars ($5.43 million) in June, down from a revised figure of NZ$52 million the month before.The New Zealand Statistics Office reported that this occurred at a time when both exports an…
The Ministry of Oil announces the opening of the second berth for exporting liquefied gas and condensates at Umm Qasr Port in Basra
The Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber Ismail, opened the second berth for exporting condensates and liquefied gas at Umm Qasr Port in Basra.
The Undersecretary said in a statement by the Ministry, “The berth will prov…