Basra Heavy and Medium Crude Prices Drop

Basra Heavy and Medium crude prices recorded a decline this morning, Wednesday, despite the global rise. Basra Heavy crude prices fell by $1.36 to reach $67.21, and Medium crude prices fell by $1.36 to reach $70.21. Oil prices rose, amid fears that the conflict in the Middle East could turn into a wider war and disrupt oil supplies from the main production region after Iran launched ballistic missiles at Israel Source: National Iraqi News Agency