Basra Crude Oil Prices Rise Amid Global Oil Price Decline

شفق نيوز

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Shafaq News - Baghdad: Basra crude oil prices, both heavy and medium, rose on Wednesday, despite a decline in global oil prices. Basra Heavy crude rose by $1.17, or 2.02%, to reach $59.07, while Basra Medium crude rose by $1.17, or 1.94%, to reach $61.62. Oil prices fell following Venezuela's resumption of oil exports, while concerns remained about potential supply disruptions from Iran due to the ongoing bloody unrest there.

finanzmarktwelt.de

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The protests in Iran have led to many deaths. Will Trump intervene? Oil prices have been rising for days and are praising shortage risks. The post oil price is rising sharply – Iran's crisis pushes scarcity fears appeared first on financial marketwelt.de.

Business Insider (Poland)

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Over the past week, crude oil prices on the US stock market have risen by about 10 percent. The rally continues on Wednesday. "We are in a period of geopolitical instability and potential supply disruptions," analysts point out. Some are raising their forecasts for the next three months.