Basra: Basra heavy and medium crude prices witnessed a decline for the second day in a row with the stability of oil prices in global markets.

According to National Iraqi News Agency, Basra heavy crude prices fell 32 cents, equivalent to 0.42%, to reach $75.60, and medium crude prices also fell 32 cents, equivalent to 0.40%, to reach $78.85.

Global oil prices stabilized this morning with Trump’s plans to impose customs duties, but they reduced their gains in conjunction with the release of weak Chinese economic data, along with expectations of rising temperatures in other places.