Baghdad The price of Basra Light crude decreased, on Wednesday, to record the lowest prices in the Organization of Petroleum Exporting Countries.
Basra crude, exported to Asia, decreased by $0.54, with a change rate of 0.65%, to reach $81.93.
Basra Light crude recorded the lowest prices in the Organization of the Petroleum Exporting Countries, as Saudi Arabian crude recorded $82.17 a barrel, UAE Murban blend $83.30 a barrel, Algeria’s Sahran blend $83.08, Angolan Girasole $82.97, and Nigeria’s Bonny Light $82.80.
Today, oil prices fell slightly at a time when the world is witnessing a shortage of energy and a rise in gas prices, which made countries turn to oil as an alternative to operate electric stations
Source: National Iraqi News Agency