Basra heavy and medium crude prices fall alongside global market decline
Basra Heavy registered $73.20 and Basra Medium $77.20 per barrel on Tuesday, falling in line with declines in Brent and WTI globally.
Prices of Iraq's Basra crudes fell on Tuesday, amid a broader slide in global oil markets.
Basra Heavy was priced at $73.20 per barrel, down $1.02 or 1.37%, while Basra Medium stood at $77.20 per barrel, also down $1.02 or 1.30%.
On the international front, West Texas Intermediate fell to $101.00 per barrel, down $0.76 or 0.75%, while Brent futures slipped to $114.97 per barrel, down $0.84 or 0.73%.
UAE's Murban crude eased to $117.67 per barrel, down $0.33 or 0.28%, while the OPEC basket stood at $115.09 per barrel.
