The prices of Basra Heavy and Medium crude oil decreased today, Tuesday, by more than 2%.

The prices of Basra Heavy crude decreased by $2.04, or the equivalent of 2.37%, to reach $84.18, and the prices of Basra Medium crude decreased by $2.04, or the equivalent of 2.28%, to reach $87.48.

Oil prices fluctuated with the scarcity of supply due to OPEC cuts, offset by weak growth in China, the second largest consumer in the world./ End

Source: National Iraqi News Agency