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2024-02-15T08:33:06+00:00
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/ Basra crude prices rose by 27 cents during last January, according to OPEC.
OPEC said in its monthly report, which Agency reviewed, that “the price of Basra medium crude reached $78.21 during January, an increase of 27 cents compared to $77.64 for December.”
She added, “The prices of Basra Medium crude oil rose from December to January by 57 cents, or 7%.”
She explained that “the prices of Basra crude oil recorded during the current year 2024 at an average price of $78.21, while in 2023 it recorded an average price of $77.82.”
Iraq exports 60% of its crude oil to Asia, 25% to Europe, and 15% to America.