Basra crude prices rise despite global oil price decline

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Basra crude prices rise despite global oil price decline
Basra crude prices rise despite global oil price decline

Wednesday’s Basra Heavy and Medium crude oil prices increased despite global market oil price drop.

Basra Heavy crude prices climbed 89 cents to $72.39; Basra Medium crude prices climbed 89 cents to $75.39.

Oil prices dropped in line with hopes for a political conflict that stopped Libyan main port exports to be settled and worries about slowing down world demand growth addressed.

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