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2023-11-12T09:46:16+00:00
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/ Basra oil prices fell by 13.85 cents, on Sunday, during the month of October, according to OPEC.
OPEC said in its monthly report, which was viewed by Agency, that “the average price of Basra crude oil during last October reached $79.56, a decrease of 13.58 cents compared to $73.32 last September.”
It indicated that “the prices of Basra Intermediate crude oil decreased from August to September by 7.76 cents, or 9.1%.”
The organization pointed out that “the prices of Basra crude oil were recorded during the past year 2022 at a price rate of $101.81.”
Iraq exports 60% of its crude oil to Asia, while it exports 25% to Europe and 15% to America.