Slight decline in Basra oil prices

Basra heavy and medium crude prices fell slightly on Monday, with global oil prices stabilizing. Basra heavy crude prices fell 14 cents to $73.60, and Basra medium crude prices fell 14 cents to $76.77. Global oil prices stabilized, maintaining most of their gains of more than 3% last week, supported by geopolitical tensions and better economic data. Source: National Iraqi News Agency