Basra: Basra Heavy and Medium crude oil prices stabilized on Tuesday. Basra Heavy crude prices stabilized at $68.22, while Medium crude prices stabilized at $71.27.

According to National Iraqi News Agency, oil prices rose, supported by optimistic economic indicators from the world’s largest crude oil consumers. Brent crude reached $71.22, up 18 cents, while US crude reached $67.73, up 19 cents.