Iraqi Basrah medium, heavy crude prices fall despite stable global oil ...Iraq

Shafaq News/ Prices for Iraq's Basrah medium and heavy crude grades fell on Tuesday despite stable global oil prices.Basrah heavy crude dropped $1.42 to $82.23 per barrel, while Basrah medium rose $1.42 to $85.08 per barrel.The decline comes even as global benchmark Brent crude hovered near two-month highs on expectations of rising summer travel demand and potential US interest rate cuts that could boost economic growth.

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