The prices of Basra Heavy and Medium crude oil rose slightly today, Wednesday, with oil prices rising in global markets. Basra Heavy crude prices rose 42 cents to reach $83.43, and Basra Medium crude prices rose 42 cents to reach $86.81. Global oil prices rose as a larger-than-expected decline in US crude inventories and escalating geopolitical tensions raised investor concerns about tight supplies. Source: National Iraqi News Agency
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