The prices of Basra Heavy and Medium crude oil rose slightly today, Wednesday, with oil prices rising in global markets. Basra Heavy crude prices rose 42 cents to reach $83.43, and Basra Medium crude prices rose 42 cents to reach $86.81. Global oil prices rose as a larger-than-expected decline in US crude inventories and escalating geopolitical tensions raised investor concerns about tight supplies. Source: National Iraqi News Agency
Related Articles
Dollar Calm as Traders Await Clues on US Federal Reserve Meeting
The dollar was broadly steady on Monday as investors awaited further clues to help chart the US interest rate path in the wake of cautious comments from Federal Reserve officials, even as inflation shows signs of cooling.
The Japanese yen was flat at…
The Governor of the Central Bank announces the start of the second phase of the banking sector restructuring plan
The Governor of the Central Bank, Ali Mohsen Al-Alaq, announced today, Sunday, the start of the second phase of the banking sector restructuring plan.
The bank’s media office said in a statement: ‘Al-Alaq received a delegation from the World Bank hea…
The dollar continues to rise…the euro has crossed the 4-shekel barrier
Bethlehem – Ma’an – This morning (Wednesday), the euro crossed the barrier of four shekels (4.02) with the value of the shekel declining by about three-quarters of a percent. The dollar also rose by about 0.8 percent and exceeded the barrier of 3.73 s…